A new approach to cryptocurrency mining As the popularity and price of Bitcoin and other cryptocurrencies grows, more and more miners want to mine cryptocurrency. The more people mine cryptocurrency, the harder it is to get it and the higher the cost of mining bitcoin and other cryptocurrencies. As a result, those miners who have lower electricity costs win because they have more advantages. Usually those miners who have cheaper electricity get the most profit. The use of renewable energy sources can significantly reduce the cost of mining and mine more cryptocurrency in order to get more profit.