A startup backed by Nvidia's investment plans to build a Bitcoin mining facility in space by the end of this year. Starcloud's second spacecraft will launch an ASIC miner dedicated to cryptocurrency mining when it enters orbit later this year. Starcloud CEO Philip Johnston recently declared in an interview: “We will be the first team to mine Bitcoin in space.” Starcloud was founded in 2024, and its core goal is to move the data center to space. The white paper on the company's official website explains this set of ideas in detail, focusing on the appeal of training artificial intelligence in space. Adequate solar energy resources are also ideal for cryptocurrency mining.

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