An Nvidia-backed startup called Starcloud says it will be the first to mine Bitcoin in space, with hardware set to go live later this year. According to Tom's Hardware, the company plans to fire up its ASIC miners after its second spacecraft reaches orbit. The report does not include further details about the mission, such as launch provider or orbital altitude.
The startup's plan relies on ASICs, specialised chips used for Bitcoin mining. The announcement is notable because Nvidia is primarily known as a chip designer for graphics and AI, not for cryptocurrency hardware.
As with any claim of a 'first' in space, the assertion is based on the company's own timeline and has not been independently verified. The report also does not say how the mining rig will be powered or cooled in orbit, nor whether the operation is intended to be commercially viable.