That's not correct, TheLoneWolfling. You can use more than 4 sides - one is needed for the cable, but the other five can all be used if you build it right. For example, lava in a hole in the floor, thermopile above it, and surrounded by 4 water with the cable going up.
Here's a screenshot of the thermopile I have in my current house. One block of lava, 3 blocks of water, and a fourth block of water embedded into the wall behind it. It generates 0.5 A, as I confirmed with my voltmeter.
Also, here's my old post I meant to copy over:
"For the Thermopile to generate energy, it needs a "hot budget" and a "cold budget". Both must be present, it is not enough to slap down a very hot or cold block on its own and hope to match it against the neutral environment. Different blocks are worth different amounts of hot or cold "budget":
Fire: 0.125A "hot"
Lava: 0.500A "hot"
Water: 0.125A "cold"
Snow: 0.500A "cold"
Ice: 0.500A "cold"
Adding one block of Lava allows the Thermopile to generate up to 0.5A in energy, if it has that much "cold budget" as well. Meaning, it needs to have either an ice or snow block, or four blocks of water next to it. However, one Lava and four blocks of Ice still only generate 0.5A, because even though there is 2.0A worth of "cold budget", the single block of Lava is still only worth 0.5A.
Other examples, to visualize it:
1x Fire + 1x Water: 0.125A
1x Fire + 2x Water: 0.125A
2x Fire + 2x Water: 0.250A
2x Fire + 1x Snow: 0.250A
2x Lava + 3x Water: 0.375A
Since there are five valid faces, the absolute maximum you can get a Thermopile to output is 1.000A, using two Lava and two Snow/Ice blocks. However, since the Snow/Ice will always melt from the nearby lava, this is not a stable configuration. The best stable output is 0.500A, using the 1x Lava, 4x Water setup that is mentioned on the wiki."