Could you explain how you arrived at this conclusion? The value of mining is generally proportional to the available power. If the capital expense of a mining rig is less than a transmission line, it might be better to mine than to transmit. For example, if it costs 1 million dollars to install a transmission line, but only 1 thousand dollars to setup a mining rig that could consume all the energy, it probably be more feasible to mine than to transmit.