Isn't heat going to be a huge issue if one attempts to run a data center in space?

At SkySat we eventually realized our satellites were going to be in orbit beyond their projected service lifetime. We started brain-storming ideas for what you could do with a satellite that may fall out of the sky any day and probably has degraded batteries and solar panels.

My suggestion was to add a jurisdiction-neutral bitcoin wallet and bittorrent peer. Maybe Eric Schmidt is thinking the same thing?