Space Heaters, Starlink, Mining Batteries Are Musk’s Plans For Bitcoin

[RSRS]

“Let’s say you need a little space heater, and normally your space heater would be pure entropy, but what if that space heater also was a bitcoin, ethereum, doge mining node. Pick your currency.

So then you’d be heated up and you’d also mine your crypto and have connectivity in one. Better than running just a space heater,” says Elon Musk.

Space mining is not quite something we had thought of, but you can imagine energy intensive operations in Mars could well double as a bitcoin miner to beat entropy, at least somewhat.

However asics on every toaster has been thought of as an idea before. It hasn’t quite gone anywhere, but maybe it was ahead of its time with mining heaters potentially making more sense, space mining heaters.

That was in reply to putting a node on every Starlink in the context of capacity discussions with Musk stating SpaceX and Starlink are working towards “worldwide access to gigabit level connectivity at low cost, and so then your base layer could do a lot of transactions if you take that into account.”

“Some houses have gigabit connections and that trend is obviously of higher bandwidth and lower latency, and if someone else doesn’t do it, Starlink certainly will,” he said, adding that he has:

“High confidence you’ll be able to maintain a decentralized financial system while still having a much bigger blockchain.”

More Information