Starcloud, an orbital data center startup backed by Nvidia, plans to launch a spacecraft later this year equipped with Bitcoin mining hardware. The initiative aims to test the economic and energy benefits of operating mining equipment in space compared to traditional ground-based facilities. The spacecraft will utilize application-specific integrated circuits (ASICs), which are more cost-effective per unit of power than general-purpose GPUs, making them ideal for space-based computing.
The company intends to power its mining operations with solar panels attached to its satellites, leveraging the efficiency of solar energy in orbit. This approach could alleviate pressure on terrestrial energy grids and open a new frontier for Bitcoin's global computing network. Starcloud's first satellite, launched in November, carried an Nvidia H100 GPU, demonstrating the feasibility of high-performance computing in space. The startup envisions a future where a constellation of satellites supports a distributed computing platform for both artificial intelligence and cryptocurrency infrastructure.
Starcloud to Launch Bitcoin Mining Hardware in Space
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