From the spawn point, players can head east to locate this massive hanging rock formation (coordinates: 150, -100). With a touch of creative mode, consider building a snow-covered globe dwelling that hangs like a cocoon from the formation's arm.
Need supplies? The nearby islands serve as good terrain to farm in large quantities. You can also take advantage of the tunnel network at the formation's base to mine coal, iron, and gold.
Note: Adult polar bears, while normally docile, will become aggressive if guarding a polar bear cub.