Starcloud plans to mine Bitcoin in orbit with Starcloud-2 satellite
- —Starcloud-2 will carry mining ASICs alongside Nvidia Blackwell chips and AWS server blades
- —ASICs cost about $1,000 per kW versus roughly $30,000 per kW for high-end GPUs — a 30x gap
- —The first satellite, Starcloud-1, launched on November 2, 2025, carrying an Nvidia H100 GPU
- —Starcloud raised about $450 million at a $2.3 billion valuation; it filed with the FCC for up to 88,000 satellites
Why it matters: If the concept works, orbital mining could cut the industry's energy costs, though economics and connectivity latency remain open questions.
Source: Crypto Briefing