Max Keiser, Peter Todd Debate Bitcoin in Space Post-Blockstream Announcement

Bitcoin Core developer Peter Todd has said large-scale extraterrestrial Bitcoin mining is “not as crazy as it sounds.”

Retweeting economist Max Keiser, who suggested “many satellite systems” will soon compete in the area, Todd added space-age mining had economic advantages.

“[It’s] a lot cheaper to beam solar power collected in space back to Earth in the form of blocks than as electricity,” he wrote Tuesday.

Keiser, who remains infamously bullish on Bitcoin compared to traditional assets, said rocket costs were destined to be next to nothing.

Full story at http://bit.ly/2uO7omh

Source: CoinTelegraph

 

 

 

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