Just wanted to make the point you don’t have to pay to excavate the cave :)
edit: 61.9340107, 5.5084207 are the coordinates
https://new.abb.com/news/detail/5924/abb-solutions-power-eur...
There are mines with plenty of space in them, and heat removal can be done with water cooling. But who is going to pay 50% more for that when it isn't needed 99.99% of the time?
Huh? The ones I know of have plenty of connectivity. The real issue is your first, that people prefer to just put their stuff in two countries over paying premium for having their servers under ground.