Mining in Finland: a new hosting centre running on renewable energy
In December 2024 we added a 1 MW data centre in Finland to our ASIC miner hosting. The electricity comes from hydro and wind power plants and cost 0.065 USD per kWh at launch. The price at this site has not changed since, and Finland is one of the most reliable locations we offer.
What happened
Together with the data centre in Ethiopia, we also opened the Finland site in December 2024. While Ethiopia appeals mainly with its low price, Finland offers a stable European environment and environmentally friendly energy.
Why Finland
- Renewable energy: the data centre is powered by hydro and wind power plants.
- Cold climate: for most of the year outside air is enough to cool the miners, reducing both costs and the risk of overheating.
- Stable environment: an EU member state with an advanced grid and infrastructure.
The figures
| Parameter | At launch (12/2024) | As of 16 Oct 2026 |
|---|---|---|
| Electricity price | 0.065 USD/kWh | 0.065 USD/kWh including management |
| Capacity | 1 MW | – |
| Availability (uptime) | – | 99.21% |
Current prices and free slots at all sites can be found on the ASIC miner hosting page. The cheapest site currently comes to 1,13 Kč per kWh.
What this means for miners in the Czech Republic
Finland is a good choice for those who want their machine in Europe and value reliable operation. Compared with household electricity at more than 5 CZK/kWh, running costs are several times lower. When it pays to mine at home and when to use hosting is discussed in the article Mining cryptocurrency at home.
What next
- ASIC miner hosting – sites, prices and how hosting works.
- ASIC miner profitability – how much a machine earns today after electricity costs.
- The hosting centre in Ethiopia – a site launched in the same month.
Frequently asked questions
How much does miner hosting in Finland cost?
Is the energy in the Finnish data centre renewable?
Which miners can I run in Finland?
This text was prepared with the help of AI. Facts, figures and procedures were checked by Yegor.
