After all, planes fly in all directions, and Kazakhstan, Russia, Iran and Malaysia all have mining infrastructure and are located in much closer proximity However, while their capacity is growing as a result of China’s actions, the United States seems to be a clear winner in this post-crackdown race; according to the Cambridge Centre for Alternative Finance, the U.S.’s share of the global hashrate has quadrupled to 16.8% since the same time last year, making it the main successor to China in terms of cryptocurrency mining Source
China is Getting Out of Crypto Mining. Is North America Ready to Embrace it? — CoinDesk
