Using this much power is not acceptable for a foreign company, doesn't matter if they are willing to even pay taxes for it, it is just not acceptable. Because, they are basically saying that they are willing to pay to get all the energy out of that place, and make mining income, which means it will be profitable, and take all that money back to mainland China. I think Biden would make a good decision by just limiting the way mining can be done, it has to be renewable energy otherwise it doesn't look all that great to me.

As long as we do not force people to do renewable energy for bitcoin mining (or any mining) then we are going to have energy issues, we should definitely force all mining companies to generate their own energy.