, 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
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…
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