Our Norwegian hosting location is near Mo I Rana Norway. This is at a remote location in the norther part of Norway. In the norther part of Norway almost 100% of the electricity produced by hydro and wind. Making it one of the cleanest energy sources in the world. In the north of Norway is an abondance of hydro dams. Currently there are no high voltage power lines from the north of Norway to the South. This means that the energy has to be used in the North. The perfect location for sustainable and green mining. At our hosting location is a hydro dam present that produces a part of electricity produced.
The capacity at our Norwegian facility is almost sold out. Luckily, we are expending the facility. In the first quarter of 2023 we are expected to expend with another 0,6 MW.