A Russian aluminum plant owned by Deripaska's Rusal, reportedly closed by US sanctions, will be transformed into a bitcoin mining hub, w/part of site leased to Russian Mining Company (RMC), which aims to cover 20% of the world market w/UK-based Cryptonex

Source:
https://twitter.com/WendySiegelman/status/1189670451104165888I started a thread on this.
https://bitcointalk.org/index.php?topic=5197354.msg52932078#msg52932078But it really seems to me that whales or whoever have completely lost their minds on making big mining farms at this point in time...
Bitmain came through on a previously almost defunct Texas site, the above Russian site and the claim today that Russia wants to control 20% of BTC mining,
the previous big mining farms overseas and in California now.
So, I don't get it. With price and difficulty where it is now (see my thread for polls) are the whales simply nuts like the rest of us and buying miners on a hope
and a prayer or a pump? Or do they have some government/institutional support now and with halving are making their move.
Again, with price/difficulty I'm not seeing it..then again I'm not a whale...
Brad