Just food for thought!!!
Why not setup in Bhutan :
Electricity: Price is cheapest compared to rest of the world. INR 2-3 per Kw
Climate: Northern part of Bhutan relatively colder and does not require extensive cooling (minimal additional electricity requirement).
Internet: Reasonably cheap. 1MB lease line cost INR 6,000 and is quite stable. Alternative ISP is available in emergency.
Political stability: There is no political unrest therefore disruption of both electricity and internet (backbone of mining) is minimal.
Just saying...
Here's the golden law. Whenever you think of some radical new idea, always assume that someone's thought of it before. Then search for that idea. If you don't find anything, well & good you've found yourself an unique idea & you're well on your way to achieve success.
What I am trying to say is, yes it's a thought of idea but Bhutan may not be the very best of place to do it. Some of us have been talking about it. Some of us have already done it.