> It almost doesn’t matter which power plant they’re closest to because we have a power grid that ties everything together. This idea of miners being isolated from the grid and consuming clean energy that would otherwise go to waste is pure myth.

It's not a myth it's exactly what happens. Stranded power is a real thing and not every country has the same power grid infrastructure that the US has.

As soon as China actually built out a high voltage grid that can make use of some of their stranded power they kicked out the miners, who moved to other areas with near free power.