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‘Bitcoin Going to the Moon’ – BitMEX is sending physical bitcoins to the lunar surface in Q4 – featured bitcoin news


Cryptocurrency exchange BitMEX is sending bitcoin to the moon. A unique physical bitcoin will be mined and delivered to the Moon by a leading space robotics company backed by BitMEX. The coin will hold one bitcoin at a publicly issued address.

Bitcoin will be on the Moon in Q4

BitMEX announced on Friday that “Bitcoin is going to the moon.” While many say that the price of bitcoin has “went to the moon” many times before, BitMEX means that this time a physical bitcoin will literally be launched on the moon.

Astrobotic Technology Inc., a Pennsylvania-based commercial space company backing BitMEX, is a major space robotics company that helps BitMEX land coins on the lunar surface. The exchange states that the space robotics company will send its “first commercial lander to the Moon in the fourth quarter of this year.”

Astrobotic Technology “selected by NASA to deliver science, exploration and technology demonstration payloads to the lunar surface with its Peregrine lunar lander,” BitMEX further elaborated:

BitMEX will create a one-of-a-kind physical bitcoin similar to the 2013 Cassius coins, which will be delivered to the Moon by Astrobotic. The coin will hold one bitcoin under a tamper-evident hologram cover at a publicly issued address.

Peregrine-1 is Astrobotic’s first commercial lunar lander, due to be launched in November 2021. “The payload is occupying an official slot on the manifest. This will be the first bitcoin to occur on the surface of the Moon, with photographic evidence taken to prove it,” BitMEX said.

The coin will display the BitMEX name, the mission name, the date it was minted, and the price of bitcoin at the time of mining.

“For all the talk of bitcoin going to the moon, that’s exactly what we’re going to do,” said BitMEX CEO Alex Houptner.

Quoting SpaceX CEO Elon Musk Plan “To send the dog to the moon,” BitMEX said:

We have nothing against dog money, [but] We felt it was right to help bitcoin get there first.

What do you think about BitMEX sending bitcoin to the moon? Let us know in the comments section below.

image credit: Shutterstock, Pixabay, WikiCommons

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