Instead of profitable node locations, here are some locations that are overcrowded
| #nodes | Location |
|---|---|
| 1193 | Moscow, Russia |
| 1105 | Kassel, Germany |
| 1984 | Paris, France |
| 2240 | Helsinki, Finland |
Data from https://stats.storjshare.io/
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Wow Faroe Islands and Marshall Islands, Those are incredibly off-site backup locations.
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Your comment made me look at their electricity costs and Faroe Island makes a lot of sense looking at the tidal kite model 
TIL about tidal kites. Not an endorsement or recommendation, just fascinating green energy.
Irtutsk region, Russia.
The price for electricity is 1.8 UScents KW/h