Starcloud CEO Outlines Plan to Mine Bitcoin in Outer Space

Starcloud CEO Philip Johnston revealed that the Nvidia-supported orbital data center startup plans to begin Bitcoin mining in space later in 2025 using its second spacecraft. Johnston stated that ASIC miners used for the operation cost about $1,000 per kWh, significantly cheaper than GPUs that can cost around $30,000. Founded in early 2024, Starcloud is developing space-based infrastructure powered by solar energy and ultimately aims to deploy around 88,000 satellites to support orbital computing and mining operations.

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