More like for all that sweet sweet cooling capacity.
EDIT: guys, it's sarcastic... since the parent was talking about latency, cooling is something that is even worse in space than latency
It is not easy to radiate heat in space. You need a significant extra mass budget to radiate heat from hardware that is easily cooled in less volume on the surface. These will also be too large of a capital investment to operate as disposable satellites at the bottom of LEO. They will necessarily be higher up.
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If putting data centers in a vacuum is a good idea why not just put them in a thermos bottle here on earth?
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This has been debunked countless times. You can't cool things efficiently in space.