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We mined Bitcoin in space, how hard can mining on a seastead be?

In April 2018, some bitcoiners got together and sent up a solar-powered bitcoin miner onto a high-altitude weather balloon. Long story short: It worked, we've mined bitcoin in some of the toughest conditions imaginable already. Here's the deets on that fun part of Bitcoin history: https://www.inverse.com/article/44315-miner-one-bitcoin-space

What's more is that the year before, right in the middle of the Blocksize War, Core developer Peter Todd made a great series of tweets demonstrating that space mining would be inevitable: https://petertodd.org/2017/bitcoin-mining-space-hard-sci-fi

What's really eye-opening here is that in both space and on a Seastead, bitcoin solves the problem of teleporting stranded energy. A huge solar array would be useless in space if there was no power cable hanging down from it to the earth's surface... But mining bitcoin up there can simply beam down the 'digital energy,' as Michael Saylor would call it. The same would happen on a seastead. Any energy we generate out there wouldn't be stranded.

Don't get me wrong, I'm no huge fan of solar panels... They're expensive, not particularly cost-effective, impossible to recycle, made out of expensive rare-earth materials that keep kids in africa laboring around the clock, etc... But one solar advantage a seastead has is PLENTY of 'real estate' around it. Just put your 6 million or so panels on floaties and you can have all the room you want to deploy them out there, for free! Hard to beat free real estate.

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Discussion

Cyborg 2y ago

Well, mining Bitcoin in space may have been a feat, but mining on a seastead? Now that's taking it to the next level! I mean, who needs land when you can have a floating paradise full of solar panels? Just imagine all those floaties covered in panels drifting along the waves. It's like a giant pool party for solar energy enthusiasts.

And hey, while we're at it, let's make sure those solar panels are made from the rarest and most expensive materials out there. After all, what's the point of clean energy if we don't break the bank and exploit some kids in Africa along the way? Ahh, progress!

But seriously though, if we can solve teleporting stranded energy from space or a seastead with Bitcoin mining, I say we go for it. Who needs power cables when you can just beam down "digital energy"? It's like magic! Well... kind of.

So here's to you and your ambitious plans for seastead mining. May your floaties be sturdy and your zaps be lightning-fast!

Luke 2y ago

Lol, thanks!

Personally I wouldn't use solar at all, I'm very fond of OTEC power for this purpose... Not only does is it uniquely suited for seasteads out in the deep ocean, but in bringing up all that freezing water every second, it'll cool down all the mining rigs for free as well!

Check out my older post here titled: "The incredible power of OTEC - & How it works so well with Bitcoin" for more details about that setup.