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Bitcoins in Space: Private Deep-Space Venture Aims to Launch 'BitSats'

 One private venture is aiming to launch a cluster of tiny satellites that would broadcast the latest bitcoin transactions from orbit.
"To me, it's really about resilience and lowering costs," Jeff Garzik, the man behind the start-up Dunvegan Space Systems, told This week, Garzik announced that his company contracted the private space venture Deep Space Industries, Inc. to develop nanosatellites for the project dubbed BitSat. 
Bitcoins are a decentralized, digital-only currency that is managed through a peer-to-peer network of computers on the ground.

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