Starcloud plans to mine Bitcoin from orbit using ASIC hardware, arguing the economics of space computing favor specialized mining chips over GPUs. Starcloud, an Nvidia-backed orbital data center startup, said it will start mining Bitcoin from space later this year when its second spacecraft is launched, positioning it to become the first company to mine Bitcoin off Earth. Starcloud “will...
BTC price upside returned during Wednesday's Asia trading session as Bitcoin attacked a long-term trend line and psychological levels. Bitcoin passed $71,000 on Wednesday as geopolitical tensions fueled ongoing volatility. Key points: Bitcoin price action teases a fresh breakout after failing to hold $70,000 since January. Analysis sees the end of a large “accumulation phase” now in play. Geopolitical nerves stay...