I’ve been hearing a lot of talk about using satellites for data processing lately. The benefit is better energy generation as I have understood it. But isn’t there a problem in that satelites are bad at expelling excess heat, since they can only do so passively?
Yes because it’s a bubble, none of them make real money so it’s a waste to actually build them, but you have to fake it to scam investors. On earth the investors will look at land purchases and permits and power contracts and construction, so you have to spend millions of dollars to fake it. You can trade stock back and forth with Nvidia and “order” infinite chips that will never exist but you can’t do that for electricians.
In space you just have to already own a vanity project rocket company. You fill out a form with the FCC and get a theoretical permit to launch “up to” 100 quadrillion datacenters into space, and then just point to a windowless factory that might theoretically have the capacity to make datacenter satellites but you can’t let them see inside because you have classified defense contracts. Who knows might be a trillion dollars in shareholder value in there, you can’t prove there isn’t.