Wan Hui: "Mining accidents" are a dynamic and relative state. Finding cheaper, more stable and controllable electricity around the world is the correct approach for mining

Dovey Wan, founding partner of Primitive Ventures, said on Weibo that the so-called "mining difficulties" are a dynamic and relative state, and difficulty/computing power has always been a lagging indicator of price rather than a leading indicator. There is no cheapest electricity in the world, only cheaper electricity, and there are different ways to get free electricity.
In addition, she believes that everyone has different expectations for the payback period. Some people will have to pay back loan sharks if they don’t get their money back before the halving. I also know some people who use extremely expensive solar energy to mine in Japan, and their payback period is calculated in decades... Therefore, if conditions permit, the right way to mine is to find cheap, stable, and controllable electricity around the world.