Not really. In sun synchronous orbit you can use solar power without battery backup. You can't do that on Earth because of night time.

Remote towns with populations of 43 are exactly the sorts of places that are pushing back on having datacenters in their areas.

And space is the ultimate physical protection. In reality a bigger issue than GPU thefts are protests or leftist groups trying to firebomb you. See the problems the Tesla factory in Germany has had with leftist violence, like setting its electricity pylons on fire (because electric cars "consume natural resources and are not sustainable", lol). The left has become very anti-AI and so the risk of attacks on facilities, especially if built outside the USA, is quite high which in turn means you have to overbuild physical security like high fences.