Yet a colossal number of servers on satellites would require the same energy-production facilities to be shipped into orbit (and to receive regular maintainence in orbit whenever they fail), which requires loads of land for launch facilities as well as processing for fuel and other consumable resources. Solar might be somewhat more efficient, but not nearly so much so as to make up for the added difficulty in cooling. One could maybe postulate asteroid mining and space manufacturing to reduce the total delta-V requirement per satellite-year, but missions to asteroids have fuel requirements of their own.

If anything, I'd expect large-scale Mars datacenters before large-scale space datacenters, if we can find viable resources there.