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by 01HNNWZ0MV43FF 254 days ago
WP says Low Earth Orbit is popular because it's cheap to get stuff there, the latency is low (speed of light starts to matter when you're a couple Earth diameters up) and bandwidth to the ground is high (I assume it's harder to send a signal a longer distance, even through vacuum)

https://en.wikipedia.org/wiki/Low_Earth_orbit see "Use"