Alta Novella, Borgo d'Anaunia, Italian Alps [The mining op pays] around 35% more than what the government offers per kilowatt hour of energy. The profits from mining helps Alta Novella cover maintenance costs.
Valstagna, Veneto, Northern Italy One of 18 hydropower plants across northern Italy that have partnered with local tech startup Alps Blockchain to mine bitcoin on site. A portion of around 1MW is constantly used for mining bitcoin.
Bitfarms, Québec The publicly traded company has a total of six sites in Canada and three upcoming in Washington state, Paraguay and Argentina. All of the miner’s sites operate using hydropower at an average cost of about $0.04 cents per kilowatt hour.
BitCluster, Norilsk, Russia The frozen steppes of north Russia are perfect for crypto mines (notwithstanding the geopolitical climate). The bitcoin mine is housed in a former nickel processing plant.