Bitcoin and Space: Genesis Mining Sends Bitcoin to Space

If not the price, there is something else that has already inched Bitcoin towards its ideal holiday location – the moon.

Genesis Mining, a Bitcoin cloud mining provider, sent Bitcoin to space. As a part of its promotional campaign, the company conducted two successful Bitcoin transactions from the earth’s surface to somewhere 20 and 34 kilometres up in the sky, respectively.

Genesis Mining’s “To the Moon!” campaign saw the company sending a 3D model of Bitcoin and a Bitcoin paper wallet to space on a weather balloon. Genesis Mining has recorded the journey using a GoPro camera placed inside a Styrofoam box. The camera was focused on the Bitcoin 3D model with paper wallet address written on the other side.

The meteorological weather balloon with Bitcoin payload was launched from an unknown place in the United Kingdom. Once the weather balloon attained an altitude of 20 kilometers (Armstrong Limit), the ground team from Genesis Mining reportedly made the first transaction to the paper wallet from their mobile device. After almost 16 hours, the team sent another transaction to the paper wallet now at a maximum altitude of 34 kilometers. (view transactions on blockchain)

Marco Streng, in an interview with a tech magazine

Read more ... source: NewsBTC USA