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Mining Mogul Chun Wang Purchases SpaceX Mars Mission

Bitcoin mining pool founder joins SpaceX's first interplanetary mission to Mars.

  • Chun Wang, founder of the Bitcoin mining pool F2Pool, has purchased and will join SpaceX’s first interplanetary mission to Mars.
  • The mission, announced by SpaceX, is a two-year flyby of Mars with a return to Earth.
  • Wang stated his motivation is to ensure humanity’s push to Mars is not deferred to the next generation.
  • He previously commanded the “Fram2” mission for SpaceX and will also take a separate commercial flight around the moon.
  • F2Pool, founded in 2013, is currently the third-largest Bitcoin mining pool with an 11.85% market share, according to data.

Chun Wang, the Maltese entrepreneur who founded the Bitcoin mining pool F2Pool, will join SpaceX‘s first planned mission to Mars after purchasing the interplanetary flight. SpaceX announced the two-year mission, which will fly by Mars and return to Earth, on Thursday.

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In a post on X, Wang explained his reasoning for the unprecedented purchase. “I have no confidence that Mars will happen within our lifetime,” he said. “I hope that by purchasing a flyby mission to Mars, SpaceX will have another reason not to forget about Mars.”

He joins a growing list of tech entrepreneurs funding and participating in space travel. Consequently, his commitment underscores private capital’s rising role in interplanetary ambitions. SpaceX‘s ultimate goal is establishing a self-sufficient city on Mars.

Wang previously commanded the “Fram2” mission, a SpaceX venture that flew over Earth’s poles. The mission conducted experiments, including taking an X-ray in space and growing mushrooms. Meanwhile, his primary venture, F2Pool, remains a major force in Bitcoin mining.

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