The report highlights the crucial influence of electricity costs on the bear market witnessed in the past year, presenting a formidable hurdle for miners striving to remain operational.
As bullish and bearish storylines intersect, the balances on exchanges may offer the most insightful indications.
Miners who use clean energy sources to mine bitcoin apply to the Sustainable Bitcoin Protocol for certification. The Sustainable Bitcoin Protocol verifies that bitcoin was mined using green energy and issues a Sustainable Bitcoin Certificate for each BTC mined, built as a smart contract on the Stacks blockchain.
Financially incentivize Bitcoin miners to use clean energy sources. Allow institutional investors under ESG mandates to add "Proof of Sustainable Mining" to their bitcoin holdings, and help drive sustainability of the bitcoin network. Craft an approach that’s backed by science and governed by the world’s top environmental NGOs.
As the world responds to a changing climate by embracing renewable, clean energy sources, it will put pressure on energy infrastructure. Bitcoin mining incentivizes investment into renewable and distributed energy. “We’re changing the future of bitcoin mining— today.”
A BETTER WAY TO MINE. US Bitcoin Corp is committed to reducing our carbon footprint by investing in long-term, sustainable mining operations. Harnessing zero-emissions energy sources, our infrastructure stabilizes the power grid and promotes clean energy production and renewables, nationwide.
crypto is full of craziness...is it sustainable??
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