• PEGA Pool has announced the launch of its eco-friendly Bitcoin mining pool that allows miners to offset their carbon footprint and incentivizes them to use renewable energy.
• The platform is open to all clients, irrespective of what energy source they use. It rewards miners making a positive impact on the environment and partially offsets the carbon footprint of those using fossil fuel sources by planting trees.
• PEGA Pool pays competitive rates with a Full-Pay-Per-Share (FPPS) model and is one of the highest paying Bitcoin mining pools for revenue per TH (Terahash).
PEGA Pool Launches Eco-Friendly Bitcoin Mining Pool
PEGA Pool, a UK based company, has officially launched an eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable energy. The platform provides a more consistent and attractive income than mining alone by allowing clients to connect their ASIC miners to its platform and mine together. It is currently ranked as one of the world’s top 10 largest Bitcoin mining pools according to BTC.com.
Mining Operations Receive Criticism
The Proof-of-Work mining operations have received criticism from individuals, corporations, and governments due to its high consumption of fossil fuels. As a result, countries such as China have banned crypto mining due to its negative environmental impacts causing an increase in demand for sustainable options in the industry.
Competitive Rates With FPPS Model
PEGA Pool offers an aggressive payout structure with a competitive Full-Pay-Per-Share (FPPS) model that incentivizes miners to switch renewable energy sources. It is one of the highest paying Bitcoin mining pools for revenue per TH (Terahash). Clients who mine with renewable energy pay 50% lower pool fees as compared to those using other sources such as fossil fuel electricity.
Offset Carbon Footprint By Planting Trees
For those who choose not to switch over completely or are unable too, PEGA Pool uses part of their pool fees towards planting trees in order to partially offset their carbon footprint created from using fossil fuel sources for electricity generation purposes . So far it has already planted over 148 000 trees resulting in a yearly offset of 3 967 tons of CO² emissions . This initiative not only rewards miners making a positive impact on the environment but also encourages others to use renewable energy sources instead .
PEGA Pool provides an innovative way for people wanting or needing ot join into cryptocurrency mining without having huge negative impacts on our planet’s environment through creating pollution , thanks largely due no only offering competitive rates but also providing incentives in order try reduce global emissions levels .