All these international miners that moved to China to have 20% cheaper electricity misunderstood what the true overhead cost was....

Move to China, it's the cheapest place to operate your mining business, they said. It will reduce the overhead costs, they said.

The true overhead cost was CHINA. By doing business in China you risk the government raiding your home, getting thrown in prison and waterboarded and tortured for weeks until you hand over your private keys.

I hope your 20% cheaper electricity was worth it.