Property investment powered by nature

Fintech meets Greentech

Our Smart Data Center solutions convert hydro power into digital energy and redeploy it for high social impact projects

Revolutionising Data Centers

Our vision

Nordic Data Mine started with goal of revolutionizing the data center industry by establishing and operating state-of-the-art facilities powered entirely by cost-effective green and sustainable energy sources. With its abundant renewable resources such as hydro and wind power, Norway offers the ideal environment to make this vision a reality.

Our team includes professional data center experts with experience from key roles in development and operation of some of Norway’s largest and most successful data centers.

Social impact

Global ESG

We repurpose green hydro power by leveraging advanced digital energy management to create mobile, off- grid, sustainable power installations for local communities.

Energy redeployment

A percentage of the energy produced is allocated worldwide through our MP1 mobile sustainable power units, which enhance health, support education and foster independent, resilient communities

Local ESG

We recycle all waste energy capturing heat generated by our computing systems to support a subsidiary drying operation capable of processing a range of materials from wood, to seaweed, thereby creating local sustainable jobs and generating positive economic flows.

Why Nordic Data Mine?

Discounted

We operate large-scale high-performance computing infrastructure with optimized energy efficiency, enabling significantly lower operational costs compared to industry standards.

Location

Norway and Finland, home to our data center infrastructure, offer stable, secure, and highly reliable environments for digital operations.

Hydro Power

Our high-performance data centers are powered by green, sustainable hydroelectric energy - at highly competitive rates of just 1.6-2.6 Euro cents per kWh.

Partners

We offer infrastructure partners and enterprise clients access to clean-energy-powered data capacity, delivered from 100% hydro-based, sustainable operations.

Guaranteed off taker

Nordic Data Mine has signed a long-term agreement with a strategic partner to utilize the full output of our sustainably powered data center capacity.

Lead time

Twelve weeks to mining.

Freehold property

Freehold Property & PPA in place subject to funding.

Data centres

In phase 2 of our development, parts of our infrastructure will be expanded into full-scale data centers supporting advanced cloud applications, including distributed technologies and next-generation storage solutions. -
'the block cloud'.

Our people

Our management team is highly skilled with a combined 30 years experience in data center technology.

Partner track record

Our partners, BHP Design, have designed in excess of 450,000 square metres of data centre across Europe.

Norway's cool climate and richness of renewable energy gives us the perfect competitive advantage to excel in an emerging industry.

Meet the team team

30 Years+ experience in setting up and managing data centers

Executive team

Steve Gjefsen

CEO

Steve has over 15 years of experience in the IT sector, with deep expertise in scalable infrastructure and sustainable data center solutions. He has led the development and operation of some of Norway’s largest high-performance computing facilities and has pioneered innovative, self-contained outdoor data center units. Steve’s ability to anticipate technological trends and drive operational excellence makes him a key force behind the company’s success.

Jonathan de Rin

Director

Jonathan is an early adopter of internet, and ecash in 1996, Bitcoin in 2010 and Ethereum in 2014. He believes Norway has ideal conditions for green data centers.

Operations and Communications

Eoin Naughton

Operations Manager

Eoin brings a background from the film and event industry, where he worked as a location manager and producer with a strong focus on budgeting, logistics, and acquisition. In recent years, he has transitioned into the data center industry, where he manages large-scale infrastructure operations. Eoin specializes in hardware acquisition and project execution, currently overseeing the expansion of a high-capacity computing facility in Norway.

Tore Nygård

CTO

Tore is a seasoned software engineer who has spent the past five years focused on high-performance computing environments. He has developed and deployed custom-built remote monitoring systems, managed software and hardware across diverse computing workloads, and designed robust network and cooling infrastructures for data centers up to 80 MW. Tore will serve as the technical lead for all current and future infrastructure projects.

Marius Hjelle

Equipment procurement

Marius is an experienced IT expert with a strong track record of supporting and empowering users across the Norwegian government, particularly in the Viken region. Recognized for his reliability and resourcefulness, he is dedicated to delivering exceptional solutions.

A career highlight for Marius was managing a cutting-edge smart datacenter in Northern Norway. There, he developed innovative cloud storage solutions and designed sustainable cooling systems suited to the Arctic environment.

Passionate about technology, smart infrastructure, and helping others, Marius is always eager to embrace new challenges and opportunities in the ever-evolving IT landscape.

Kristiane Backer

Corporate Media & Public relations

With over two decades of experience in TV, media, and PR, Kristiane Backer, CCO, provides strategic advisory to Nordic Data Mine and leads the corporate communications team, also supporting fundraising efforts.

Through her consultancy, Orange Blossom 1 LTD, she advises high-net-worth individuals on digital transformation and corporate communication strategies.

Her deep understanding of emerging technologies and digital innovation drives her commitment to fostering clear, accessible education about the evolving digital landscape.

Our facilities

Orion Mine

Our Orion facility has completed the planning phase. This data center will have a capacity of 30 MW, powered entirely by 100% clean hydro energy, designed for high-efficiency, sustainable operation.

Jupiter Mine

Jupiter presents another promising site opportunity. While still under evaluation, it is expected to offer an even larger capacity than Orion, supporting our growth ambitions.

North Star Constellation

The North Star Network is a project comprising multiple strategically located data centers across Northern Norway, benefiting from stable cold climate conditions year-round to optimize cooling efficiency and operational reliability.

Norway

Low cost sustainable power using rainwater and hydro power at between 1.6-2.6 Euro cents per Kwh.

Businesses are moving their workloads to Norway for the opportunity to keep costs low.

100% renewable energy production

Norway is one of the few countries in the EU with 100% renewable energy production, which means that businesses can power their data centers on renewable energy.

Cold climate means lower cooling costs

Norway's naturally cold climate means that colocation providers have lower cooling costs, and these savings made by providers can also be passed onto businesses renting these facilities.

Lowest cost of power in Europe

Renewable energy sources that Norway has in abundance mean it has the lowest cost of power in Europe .

Saving €2.5-3m per MW of capacity annually

Businesses hosting workloads in Norway can save €2.5-3 million per MW of capacity per year, compared to co-locating in Germany, for example.

BHP Design

Build technology Partners

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