What do they mean by Illegal Mining Farms?
That's what happens when you get your news from Twitter. Read the actual thing and tell everyone what you've learned, win-win.
https://oilprice.com/Latest-Energy-News/World-News/Kazakhstan-Energy-Officials-Shut-Down-13-Illegal-Data-Farms-In-Crypto-Crackdown.htmltl;dr: using residential electricity rates for mining, apparently a big no-no in Kazakhstan.
This is a BTC-only thread, and rightly so. But it's interesting to compare and contrast Bitcoin's performance against other cryptocurrencies (a.k.a. shitcoins), so that those who are still attracted to them can see sense and go back to King Daddy Bitcoin.
The recent comments on BCH/BSV prompted me to do a performance comparison of Bitcoin vs. a few shitcoins I owned in my early years in the scene. Right after the BCH fork (late 2017, about 4.5 years ago), I decided to sell everything non-BTC I owned and convert them all to BTC. I won't mention the amounts I owned (irrelevant to the analysis), but just spot prices then and now. On to the numbers...
Yeah shitcoiners will show you some new-fangled pancake-with-maple-syrup totally-no-shitcoin that made 5000000% in the last month. You can't possibly convince them. Greed and stupidity beats math and logic every time.