NORDIC FIN-1 — 2 MW Triple-Revenue Bitcoin Mining Facility | Finland
TIME-SENSITIVE: Investment decision required by mid-June 2026. Construction must begin July 1 for Dec 2026 commissioning.
A fully-permitted, shovel-ready 2 MW Bitcoin mining facility in Finland leveraging waste heat recovery and TSO grid balancing to achieve one of the lowest effective electricity costs available globally — as low as 1–3¢/kWh with operational flexibility.
| POWER CAPACITY | EFFECTIVE ¢/kWh | HEAT RECOVERY | SITE FEE |
| 2 MW → 5 MW | 1–3¢/kWh | ~95% | $50,000 |
| SITE SPECIFICATIONS | TRIPLE REVENUE MODEL (~10% Annual Downtime) |
| Location: Finland (Nordic Region)
Power: 2,000 kW (2 MW) | Expansion to 5 MW ASIC: Whatsminer M6X or M7X Series Est. Hash Rate: ~160 PH/s Heat Output: 75–80°C → District Heating Network Heat Recovery Rate: ~95% of power consumption Grid Balancing: TSO Reserve Market (Finland) ASIC Lead Time: ~4.5 months Transformer Lead Time: ~5.5–6 months Target Online: Early December 2026 (peak winter) |
Bitcoin Mining (36%)
~14 J/T efficiency; continuous yield from ASIC compute. Heat Resale (28%) 95% heat recovery sold to district heating at 75–80°C; doubles revenue during operating periods. TSO Grid Balancing (36%) Participate in Finland’s reserve activation market; receive payment to curtail load on demand. Revenue split varies by uptime tolerance elected. At 80% uptime the grid balancing + heat resale revenue more than offsets PPA + transmission + taxes. |
| 80% UPTIME | 90% UPTIME | 99% UPTIME |
| ≤ −5 €/MWh effective | ~10 €/MWh effective | ~29 €/MWh effective |
| Grid balancing + heat resale more than offsets all costs | Highly competitive vs. global colocation | Still competitive; lower TSO revenue |
| PERMITS & APPROVALS | ACQUISITION OPTIONS |
| DSO License: Grid connection approved
Building Permit: Fully in hand All Clear: No blockers at this stage SCALABILITY: This 2 MW site is expandable to 5 MW at same location. Developer Energy manages an 80+ MW pipeline across Finland, Norway, and Sweden. |
OPTION A — Outright Purchase
Acquire the fully-permitted, ready-to-build site outright. Developer Energy handles all construction supervision, equipment delivery, and commissioning through activation. OPTION B — Joint Venture Structure a JV retaining Developer interest in the heat resale contract with the district heating network. Built-in local partner for grid balancing management and future Nordic expansion. |
