Proof of Work crypto is mined where energy is cheap. And energy is cheap where it is subsidised or in abundance. The first is often 'China'. The second, curren

Proof of Work crypto is mined where energy is cheap. And energy is cheap where it is subsidised or in abundance. The first is often 'China'. The second, currently often hydro. A lot of mining is now moving to Iceland, Canada etc. Where energy is becoming cheaper than CPC funded energy.