> Space isn't as good for shedding heat because it's a vacuum and radiative cooling is very inefficient. Presumably, that can be overcome with engineering but plentiful cold water is probably better for displacing heat.

I _suspected_ something like this was the problem

denlillaapan

bitcoin

Space Invaders... Mining Bitcoin in Space (Bitcoin Magazine, Mike Hobart)

Space isn't as good for shedding heat because it's a vacuum and radiative cooling is very inefficient. Presumably, that can be overcome with engineering but plentiful cold water is probably better for displacing heat.

Low orbit right above you is much closer than the other side of the Earth's surface, so there may even be opportunities to locate mining closer to wherever the center of the network is.