It's like this. Everything about operating a datacenter in space is more difficult than it is to operate one on earth.
1. The capital costs are higher, you have to expend tons of energy to put it into orbit
2. The maintenance costs are higher because the lifetime of satellites is pretty low
3. Refurbishment is next to impossible
4. Networking is harder, either you are ok with a relatively small datacenter or you have to deal with radio or laser links between satellites
For starlink this isn't as important. Starlink provides something that can't really be provided any other way, but even so just the US uses 176 terawatt-hours of power for data centers so starlink is 1/400th of that assuming your estimate is accurate (and I'm not sure it is, does it account for the night cycle?)
What about sourcing and the cost of energy? Solar Panels more efficient, no bad weather, and 100% in sunlight (depending on orbit) in space. Not that it makes up for the items you listed, but it may not be true that everything is more difficult in space.
>1. The capital costs are higher, you have to expend tons of energy to put it into orbit
putting 1KW of solar on land - $2K, putting it into orbit on Starship (current ground-based heavy solar panels, 40kg for 4m2 of 1KW in space) - anywhere between $400 and $4K. Add to that that the costs on Earth will only be growing, while costs in space will be falling.
Ultimately Starship's costs will come down to the bare cost of fuel + oxidizer, 20kg per 1kg in LEO, i.e. less than $10. And if they manage streamlined operations and high reuse. Yet even with $100/kg, it is still better in space than on the ground.
And for cooling that people so complain about without running it in calculator - https://news.ycombinator.com/item?id=46878961
>2. The maintenance costs are higher because the lifetime of satellites is pretty low
it will live those 3-5 years of the GPU lifecycle.
> The maintenance costs are higher because the lifetime of satellites is pretty low
Presumably they're planning on doing in-orbit propellant transfer to reboost the satellites so that they don't have to let their GPUs crash into the ocean...
> Everything about operating a datacenter in space is more difficult than it is to operate one on earth
Minus one big one: permitting. Every datacentre I know going up right now is spending 90% of their bullshit budget on battlig state and local governments.
The cost might be the draw (if there is one). Big tech isn't afraid of throwing money at problems, but the AI folk and financiers are afraid of waiting and uncertainty. A satellite is crazy expensive but throwing more money at it gets you more satellites.
At the end of the day I don't really care either way. It ain't my money, and their money isn't going to get back into the economy by sitting in a brokerage portfolio. To get them to spend money this is as good a way as any other, I guess. At least it helps fund a little spaceflight and satellite R&D on the way.