Iceland absolutely does do that. There are multiple icelandic datacenter operators trying to get european customers with the promisse of being powered by cheap

Iceland absolutely does do that. There are multiple icelandic datacenter operators trying to get european customers with the promisse of being powered by cheap renewable energy. (But Iceland's potential isn't as "infinite" as it may sound. Yeah, they could still build plenty of electricity generation. But they stopped massively building out electricity generation after building the Kárahnjúkar power plant, which was probably the most controversial infrastructure project in Iceland ever. They still build smaller hydropower plants and lately a bit of wind.)