ASIC miner hosting in Norway

Roughly nine tenths of Norway’s electricity comes from hydropower. Mountains, fjords and heavy rainfall give the country so much water that generation in the north has long exceeded demand. Power from the north also cannot easily be moved south or abroad, which is why the price per kWh here tends to be among the lowest in Europe.

Hydropower is stable: reservoirs work like giant batteries and the plants keep running in winter, when wind and sun weaken across Europe. For a miner this means a steady supply without fluctuations and a low carbon footprint.

The Arctic climate is ideal for ASIC miners. Outside air is cold for most of the year, so the data centre cools mainly by drawing in ambient air and needs no energy-hungry air conditioning. Chips run cooler, fans work less and the machine lasts longer.

Standard air-cooled miners therefore run here without compromise. Water (Hydro) cooling makes sense mainly for the most powerful machines, not because of the weather.

Electricity in Norway is not the cheapest in our range, but the cold environment and high uptime make it a safe choice for many years. Efficient machines with low consumption per terahash are the way to go: the less energy a miner uses, the more of the yield you keep. Below are the four miners that pay back fastest at today’s electricity price in Norway.

You pay for the electricity the miner uses. The price per kWh already includes management of the machine, excludes VAT and is the same for companies and private customers. If you prepay electricity several years ahead, you save up to 30 % and the entire mined yield stays with you. See Prepaid electricity for details.

Arctic and Alta are among our most reliable locations – uptime reaches up to 99.85 %. Free capacity and current prices are shown in the table above.

New miners bought from us carry a 7-year warranty for as long as they run on our hosting. The miner mines on our pool and you send payouts to your own wallet.

One-off costs are installation – a one-time installation fee depending on the machine type – and shipping to the data centre. Customs and fees vary by location; you will see the exact amount in the hosting order before you pay.

You can buy a miner straight onto hosting: on any ASIC miner in our shop, choose On our hosting under “Where the miner will run”. The price is excluding VAT and the machine is shipped insured directly to the data centre – it is not delivered to your home. With the Order on hosting button you then pick the location, register and pay in crypto, by bank transfer or in instalments. Need an invoice in CZK for your company? Write to us and we will prepare the order for you.

Not sure about the model or location? Send us an enquiry. We will check for free capacity and recommend the machine that pays off best at the local electricity price.