This is good for the planet because mountains of Xinjiang coal are no longer being burned to achieve literally nothing. Unfortunately these miners are probably going to be turned on somewhere else, attached to weaker energy grids - like Texas. Fingers crossed they're won't be but that's probably asking too much in 202x.
But yes of course, this is good for Bitcoin. Everything is good for Bitcoin.
But yes of course, this is good for Bitcoin. Everything is good for Bitcoin.