Energy use in Kuwaiti city fell over 50% after crack down on crypto mining

Recurring pattern: miners flood some place that has cheap electricity.

At first, they're welcome for the $$ they bring, high tech business, build-out of local infrastructure & whatnot.

Then, power grid problems, locals get angry, there's a crackdown & the miners move elsewhere. Rinse & repeat.

Next stop: Ethiopia?

Edit: the simple fact that there's a growing list of places/countries where crypto miners aren't welcome any more, should tell you something about the nature of this business.