RATE Group | Cypherpunks Taiwan Successfully Erects Another Bitcoin Satellite Receiver
55913
post-template-default,single,single-post,postid-55913,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Cypherpunks Taiwan Successfully Erects Another Bitcoin Satellite Receiver

27 Jul Cypherpunks Taiwan Successfully Erects Another Bitcoin Satellite Receiver

Posted at 13:25h in Bitcoin News by

[ad_1]

According to a report out of Blocktempo, Cypherpunks Taiwan has successfully erected another Bitcoin satellite receiver. The island nation is apparently only the second country in Asia to do so after Japan pipped it to the post last year.

This setup takes advantage of the controversial Blockstream satellite project that CCN previously reported on. Even though China dominates in the Bitcoin mining arena it has a zero-tolerance policy towards the erection of such devices.

And as Andreas Antonopolous clearly explains, this is exactly the scenario in which they may become useful. China is well known for its towering censorship laws and is likely why these reports are first appearing from more progressive cryptocurrency nations like Taiwan.

Setting Up the Bitcoin Satellite Receiver

Setting up the receiver is not as expensive as you might think. This particular installation cost 13,000 Taiwanese dollars (~$418) and required specific components outlined…

[ad_2]

Source link

Tags:
, , , , , ,