Orbit Data Center Company Starcloud announces plans to conduct Bitcoin mining in space this year

CycleProphet · 2026-03-09T04:56:18+00:00

Starcloud announces that it will conduct space Bitcoin mining on its spacecraft, becoming the first company to mine outside of Earth. CEO Philip Johnston emphasized that space ASIC miners are cheaper than GPUs and expects space mining to become a large-scale industry, with satellite data centers powered by solar energy taking on this task.

CycleProphet

2026-03-09 04:56:18

Abstract generation in progress

Deep Tide TechFlow News, March 9 — According to Cointelegraph, Nvidia-backed orbital data center startup Starcloud announced that it will begin space mining Bitcoin later this year when its second spacecraft is launched, potentially becoming the first company to mine outside of Earth.

Starcloud CEO Philip Johnston said that operating Bitcoin-specific integrated circuit (ASIC) miners in space would be “one of the most attractive use cases for space computing” because the costs are significantly lower than GPUs. He pointed out that, per kilowatt-hour, GPU costs are about 30 times higher than ASICs. A 1-kilowatt B200 chip might cost $30,000, while a 1-kilowatt ASIC costs only around $1,000.

Johnston believes space Bitcoin mining will become a “large-scale industry” because mining on Earth “makes no sense,” and ultimately all mining activities will be conducted in space. Starcloud’s data center consists of approximately 88,000 satellites, mainly powered by solar energy. The company was founded in early 2024 and had already launched a satellite equipped with NVIDIA H100 into orbit last November.

BTC1.3%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes