The US Can Make Bitcoin Mining Greener
With companies like Square announcing environment-focused mining initiatives, the U.S. can take the lead in reducing bitcoin's carbon impact.
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Bitcoin has created a vast mining sector within the network’s economy that is growing exponentially. Mining bitcoin has spread the technology towards new thoughts concerning energy consumption, ways to utilize bitcoin mining’s heat source, greener energy solutions and more. Making Better Use of Bitcoin Mining’s Energy Consumption. As it stands today, the....
PEGA Pool is an eco-friendly crypto mining pool currently in private beta testing and is expected to be open to the public in the first quarter of 2023. Regarding bitcoin mining, there have always been concerns about its environmental impact; however, now is the ideal time to make a difference and contribute to a greener future by helping create a more sustainable industry. As a means to offset CO2 emissions, a portion of the fees from the PEGA pool will be used to plant trees to offset the emissions. Those who sign up for the waiting list will receive a permanent 50% discount after....
During the Second 421 Wet Season Festival and Mining Ecology Conference the Chairman of the Bitdeer Group and cofounder of Bitmain, Jihan Wu spoke about institutions flocking to cryptocurrency mining. During the event Bitdeer outlined the company’s computing partnerships and its plans to make digital currency mining greener. Bitmain’s Cofounder Jihan Wu Is Optimistic About the Future of Cryptocurrencies and Mining Two weeks ago, Bitdeer Group, the corporate organization behind the web portal bitdeer.com, announced the firm has been granted funding for $12 million from the Hong....
Square will dedicate $10 million to the development of clean bitcoin mining technologies.
Harry Sudock, VP of strategy at GRIID Infrastructure joins the show to discuss the modern energy landscape, how far we've come and where bitcoin mining can fit into a sustainable energy system.