Starcloud Wants to Mine Bitcoin in Space, if It Can Figure Out How to Cool the Hardware
5 Articles
5 Articles
Starcloud wants to mine Bitcoin in space, if it can figure out how to cool the hardware
CEO Philip Johnston says Starcloud will be the first company to mine Bitcoin in space, with ASICs riding aboard Starcloud-2 when it's expected to launch in early 2027.Read Entire Article
The Starcloud startup plans to activate several Bitcoin mining ASICs when its second spacecraft reaches orbit at the end of this year. Its CEO, Philip Johnston, argues that solar energy almost continuous and the lower cost of these equipment versus GPUs could turn space mining into an attractive business, although the company still faces technical and operational challenges.
Starcloud plans to mine Bitcoin in space with upcoming satellite launch
Starcloud's venture could revolutionize energy efficiency in cryptocurrency mining, potentially reshaping the industry's economic landscape.
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