Many of us have heard about Elon Musk’s attempts to connect the entire planet to the internet using his starlink satellites. However, very few people know that these satellites also open up the possibility of new bitcoin mining for everyone around the globe. It allows anyone to mine cryptocurrency without having to buy expensive hardware.
Individuals who are not connected to the internet have reached about 60% of the world’s population. This means that there are currently around 2.8 billion people who do not have access to the internet. Of those, 1.6 billion live in south and east Asia, and another 0.9 billion live in Africa.
Starlink aims to provide high-speed broadband internet in remote and sparsely populated areas around the world. By leveraging SpaceX‘s experience in building rockets, they plan to deploy the world‘s most advanced broadband network. Imagine 100% internet connectivity even to remote places and with that said Starlink can provide the future of reaching remote places enabling people to mine bitcoin anywhere.
Is Starlink well positioned to become one of the leading providers of last-mile bitcoin mining services and network decentralization?
source: https://handpickedtoday.blogspot.com/2022/08/starlink-enabling-remote-cryptomining.html
