And anyway, keep in mind that if competition for mining is hard in 2018...When you get electricity cheaper than competitors in a quite cold country, you have a huge advantage.
$0.03 (as Ice Rock claim they're paying) isn't fantastically cheap and Kazakhstan isn't particularly cold.
Any (slim) advantage IR may have on those two fronts has to be weighed against the huge disadvantage of being disorganized, arrogant and inexperienced.
They are a fat, naive minnow in a sea of mining cartel sharks.