This is the next big frontier in data center advancement, imo -- submerged/frigid data center installations. Microsoft's already been playing around with a submersible data center under a project codenamed 'Natick,' while piggybacking off of its extreme portability and flexibility in terms of resources toward R&D, and it's just getting started. Google has already announced plans to do the same. [1]
It also makes sense from a scale/growth standpoint as 50% of earth's population lives within 2 hour drive from their respective coastlines. [2]
[0] https://natick.research.microsoft.com/ [1] https://www.citylab.com/life/2016/02/microsoft-cloud-ocean-p... [2] http://scienceblogs.com/gregladen/2011/10/18/how-many-people...