SpaceX and Blue Origin File for Orbital AI Data Centers, With Crypto Mining in View

Bitcoin

The move away from solar underscores the real-world challenges of scaling renewable energy for high-density compute (AI training, orbital data centers). This may increase reliance on natural gas in the short-to-medium term, potentially keeping energy costs elevated. For crypto, which is already under macro pressure from extreme fear, any narrative that reinforces energy cost concerns could dampen enthusiasm for proof-of-work assets, though the effect is marginal.

Elon Musk's xAI has shifted focus to natural gas, and SpaceX is prioritizing orbital data centers, indicating a departure from solar energy emphasis.