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You're making the mistaken assumption that people care about whether Bitcoin is being mined. They only care about it not being mined in their backyard because the low electricity prices are just meant to be a subsidy to local residents. The electricity is being exported to a different location for a fat profit. If that other location is mining Bitcoin you're just giving the local residents more money. It's a pure net loss for Bitcoin miners.

You say that as if having an industry based around a speculative asset that is more volatile than OTM stock options sucking up a third of your countries energy resources is actually an advantage in some way.

By that logic we should legalize slavery.

The goal however is not to prevent bitcoin mining, that can be easily achieved, the goal was to reduce. carbon emission, and now they are being emitted by the ton in another country that uses cheap coal to power the them. You've achieved a net negative from the stated goal.