Doesn't Bitmain mine at 0.05/kwh? Or possibly even lower with some type of govt subsidized power? I've never seen anyone claim Bitmain mines with electricity that high. If Bitmain was mining at 0.08/kwh, then you would have actual mining in the US, and places like KNC wouldn't have gone under. This would be a great Trump Tariff target...
It is a Trump tarrif target. People now have to pay an additional 25% tarrif on ASICS from Bitmain in the US.