Bitcoin mining alone consumes as much energy as a country like Croatia. We believe it’s crucial that as much of the consumed energy comes from ecologically friendly resources. Our goal is to have the industry’s lowest carbon footprint. Hydro power is generally thought to be one of the most effective and lowest-cost renewable energy resources. It is environmentally friendly, carbon-neutral and natural. Hydro power allows us to manage resources sustainably and enables low-emission production. What’s more, the technology is simple, controllable and has an excellent track record. Using hydro power stations in the Alps region, we reach one of the lowest prices per kilo Watt in Europe. In fact, our cost of electricity is currently 85% lower than the average in Europe.