Arkon Energy, a 100% renewable data centre infrastructure company, has completed a US $28 million raise. In addition, the company based in Australia has completed the acquisition of Hydrokraft AS, a leading renewable energy-based data centre in Norway. Arkon Energy mines bitcoin with renewable energy. Its sustainable data centres use excess renewable power in constrained electricity markets, resulting in one of the sector’s lowest average production costs. To maximise the efficiency of its equipment, the company also employs cutting-edge immersion cooling technology.