This mirrors the framing of
Andrew McCalip’s orbital vs terrestrial model:
the question is whether useful watts and operable thermals close on cost before counting the glamour. Here the terrestrial side is an
underground facility in arid Australia: rock shell, solar plus lithium buffering, cooling by the cheaper of geo-exchange or mechanical A/C,
and IT refreshed on a schedule so denser nodes (e.g. future leading-edge silicon) can replace older fleets.
In addition to being non-polluting (once installed! Of course we have arbitraged the bulk of the pollution to China, Brazil etc for mining and manufacture). Once evolutions and revolutions in chip architectures happen we can easily upgrade. During the 5 years we expect not only the chip separation to decrease but also some fundamentals to completely change like the introduction of analog state computing, if successful would reduce the power demands by a factor as high as 10000, or allow an increase of computing power by same.
GPUs/accelerators are costed as generic IT $/W with a refresh cadence—not a die-shrink forecast. All figures are illustrative USD; no financing, tax, or permits.
See assumptions to argue with the numbers.