Bitcoin really went to the moon this time: A company started producing Bitcoin in space

Bitcoin continues to rise in more ways than one. On Monday, after Bitcoin reached $9,295, crypto mining company Miner One sent a rig into space to mine new coins deep in the stratosphere.

The firm, which plans to build an eco-friendly mining center in northern Sweden, After a two-hour mission, he managed to mine the coins.

The Miner One team used a hydrogen balloon to ship the rig. The carbon fiber capsule contained an application-specific integrated circuit, a Raspberry Pi 3, a battery, a satellite phone, a GoPro Hero 5, and a metal commemorative Bitcoin.

When the rig reaches 100,000 feet above the ground the circuit was activated and communication with the ground was made via a telephone. The falling air pressure as it passed through the stratosphere caused the balloon to expand from 2.2 meters to 10 meters. The balloon then ruptured, and the team was able to retrieve the rig while three independent telemetry systems were transmitting data.

This extraordinary transaction coincided with a time when Bitcoin was recovering from a quarterly collapse.

The MinerOne mining center was mass-populated. is building on its funding initiative. The team plans to start mining in 3-5 months after the Project reaches the minimum investment amount of 3 thousand Ethereum, and the current funding round will end on May 5th.