It's green washing. Miners feel that they have to explicitly state that they are using renewable or green energy because the media focuses on that too much. However, this isn't a one dimensional issue. What is the opportunity costs of something like this; are people in those regions more reliant on fossil fuels because Bitcoin miners are taking a large proportion of the "green" energy? What is the percentage of the energy being produced being truly "green"? Are they carbon neutral and do they have zero environmental impact? How much E-waste arises from Bitcoin mining alone?
The same propaganda on every side I'm really getting bored of this shit
Bitcoin consumes only green energy so it's not contributing to pollution, yeah right, what about those coal plants? Crickets!
Tesla cars run without producing gases and all that stuff! What happens with old batteries? Crickets!
Renewables are the future, cheap and not polluting! Why is China paying 3 cents and Germany 30? Crickets!
Marathon is expanding their facility in Montana from 30MW to 100MW and they talk about green energy. Tesla is raising forests to built assembly plants and they talk about being eco-friendly. Let's have concerts to celebrate earth day and burn more energy than if everyone there would have gone to work like on a normal day. Look at me,
I've got on board on a $4 million yacht and I'm crossing the Atlantic with zero carbon emissions, you should do the same!
Green mining is much better and cheaper. So it would be beneficial for miners to choose them over other nonrenewable energy sources like coal or fossil fuels.
If you use the sun as your energy source, do you have to pay for it? Of course not. So it should be an additional advantage to your operation. If you use the wind, do you still have to pay for your electricity? Of course not. So that should mean bigger profit.
If everything is turning to be so green and cheap, why don't you all get some solar panels and start mining, making everything more decentralized?
Probably because miners receiving cheap energy from real reliable sources would put you out of business even before you make the draft for the investment?