It is good to see that people are aware of the problems Bitcoin mining is causing and that the crypto community is looking for solutions to make it greener. It would be very important if Bitcoin miners would find a way to lower their electricity costs. However, one thing is for sure - Bitcoin cannot be considered the greenest currency out there.

If we look at the Chinese mining industry, where most Bitcoin mines operate, they must offset the costs of running their operations. Therefore, they have an added incentive to become a mini power plant.

The clean power they produce is fed back into the grid and sold as carbon credits to companies that do not have the ability to offset their emissions or purchase sufficient renewable energy credits. This in turn encourages all of these companies to adopt renewable energy or other carbon reduction or offset programs.

It looks like this is one of the attempts and a hot issue in the future to make it look much greener to Bitcoin miners now that renewable energy is becoming more affordable.