Renewable energy supply provides zero carbon emissions. A climate that reduces cooling inefficiency enables companies to reduce their carbon footprint.
Electricity production in Norway is 98,9% renewable, and has one of the the
cheapest electricity in Europe.
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Norway is part of the single market within the European Economic Area (EEA), ensuring free flow of goods, services, capital and people between EU/ EEA countries
Ranked as number 2nd worldwide in the Cushman & Wakefield 2016 Data Center Risk Index, Norway continues to offer a low-risk environment for data centers.
Norway has direct, secure and fast connections to the maindata hubs in Europe.
World class grid
Norway is not an EU member and runs its own regulation which is in line with the EU and the US latest trends. Cryptocurrencies are recognized as assets. Thus making a mining activity “asset manufacturing”.
The recently published national development strategy includes strong government support to new data centers construction in Norway. Thus making Norway one of the cheapest countries for mining cryptocurrencies.
Norway has a unique “green” energy production industry – almost 100% of the energy is produced from the renewable sources. Mostly by the hydro power stations.