Notably, this is a coin used by a lot of cryptominers, many of whom are Chinese who fled the ban in China on crypto mining and also to export their wealth in a way they can't otherwise because China doesn't allow transfer of currency out of the country.

Example:

https://www.nytimes.com/2023/12/25/technology/bitrush-bitcoi...

...so now gigawatts of electricity are being used here to generate more wealth for chinese billionaire playboys who are so stingy they can't even pay rural local electricians. Must be because of how expensive his tuition is...