• About
  • Contact
  • DMCA
  • Terms and Conditions
  • Privacy Policy
Altcoin Central
News for the Crypto Community
  • Bitcoin
  • Ripple
  • Crypto
  • Blockchain
  • Mining
  • About
  • Contact

eco-friendly-bitcoin-mining.jpeg

Mining

Eco-friendly bitcoin mining pool named PEGA Pool heads to public launch in Q1 2023

admin November 24, 2022

Tweet

, 2022-11-24 09:07:47,

PEGA Pool is set to open to the public in the first quarter of 2023. The UK-based mining pool aspires to become an industry game-changer, offering a green quality stamp for crypto mining worldwide, with its innovative methodology and approach

eco friendly bitcoin mining

Bitcoin mining has a reputation for being energy-intensive in combination with high fossil fuel use. 

After more than a year of research and development, PEGA Pool is uniquely positioned to capitalize on industry tailwinds with its new offering. Ranked the 12th largest Bitcoin mining pool in the world, PEGA Pool is currently in the pre-launch phase and clients can join the waiting list until the launch in the coming quarter. Early birds will enjoy a permanent 50% pool fee discount helping them cut their operational costs long-term. Additionally, beta testers are entitled to 0% pool fees during the early phases of the beta stage, and a 0.5% pool fee will be applied post-launch.

That said, PEGA Pool’s competitive revenue model also rewards miners who use renewable power sources with a 50% reduction in pool fees. 

Bitcoin is infamous for wasting enough electricity

The crypto-mining activity takes up an enormous amount of energy as permissionless blockchains rely on proof of work to process transactions and ensure network security. Aside from its environmental impact, energy is the main operational cost for miners, and there is fierce competition to come across the cheapest sources of power.

But since these steps alone will not be enough…

,
To read the original article from news.google.com, Click here

PIA Logo Private Internet Access gives you unparalleled access to thousands of next-gen servers in over 83 countries and each US state. Your VPN experience will always be fast, smooth, and reliable.

Related Posts

bitcoin-2722391_960_720.jpg

Mining /

DMG Blockchain Solutions Reports Fourth Quarter and Year-End Results Ending September 30, 2022

bitcoin-4186236_960_720.jpg

Mining /

China Will Declare Crypto A ‘Form of Wealth’: Tron Founder

cryptocurrency-3435861_960_720.jpg

Mining /

Data Shows 50% Of Bitcoin Hashrate Controlled By Two Mining Pools

‹ XT.COM Lists TRI in Its Main Zone › The PR Academy MENA held the region's first 'Communication in the Metaverse' master class

Categories

  • Bitcoin (2,241)
  • Blockchain (1,176)
  • Crypto (1,713)
  • Mining (1,459)
  • Ripple (743)




Back to Top

Legal Stuff

  • DMCA
  • Privacy Policy
  • Terms and Conditions
Hostinger logo

Categories

  • Bitcoin
  • Blockchain
  • Crypto
  • Mining
  • Ripple
  • Altcoin Central – Latest news on Cryptocurrencies all in one place.
  • About
  • Contact
Copyright 2023 4 Hat LLC

DMCA - Terms and Conditions - Privacy Policy