Starcloud aims to mine Bitcoin in orbit in 2024
The company Starcloud, supported by Nvidia, plans to begin Bitcoin mining directly in orbit following the launch of a new satellite this year. This marks a significant advancement in both space technology and cryptocurrency domains.
Source Cointelegraph
The project involves deploying miners on satellite data centers powered by solar energy. If the experiment proves successful, mining in space could develop into a new industry with considerable potential.
In the long term, this initiative may expand cryptocurrency mining capabilities and improve its environmental footprint by utilizing renewable energy sources in space.