CryptX is based in Belgium where they are being r*ped by electricty companies. Price is 0,23 on average -> 0,3 $ /kWh ... Not the best place to build a farm in the world.
Then yes, 0,45$ is anormally big
Ok. Noted that we have very good nordic electricity market in Finland(together with sweden, norway and denmark) and competition is good for consumers. Actually Finland took electricity tax away from data centers last year to lure more of them here.(google already brought their gmail servers here)