Clean energy Bitcoin mining pool with Argo Blockchain
Argo has teamed up with DMG blockchain and a new Bitcoin mining pool will be up and running which is powered by hydroelectric energy.
On March 26, a Bitcoin mining pool will be launched by a cryptocurrency mining firm called Argo that has recently joined forces with DMG blockchain to create Terra Pool. Made of hash rate, this pool is for mining Bitcoin and hydroelectric power sources from both companies is utilized to do so which makes it a unique pool.
Based in the UK, Argo mines Bitcoin and Zcash in Canada and plans to extend the business to US Texas as they have bought some land there too to mine BTC with renewable energy.
Making BTC mining greener was a top priority says Argo Blockchain PLC CEO Mr. Peter Wall who wishes that others would follow their path;
“Addressing climate change is a priority for Argo and partnering with DMG to create the first 'green' Bitcoin mining pool is an important step towards protecting our planet now and for generations to come. We are hopeful other companies within the Bitcoin mining industry follow in our footsteps to demonstrate broader climate consciousness.”
And in this regard, chief executive of DMG Dan Reitzik maintained that;
“[DMG’s] focus on eco-friendly Bitcoin mining has the opportunity to drive transformations in how the Bitcoin mining community acts towards a climate-conscious future. DMG's ongoing commitment to clean energy-based capital deployment is a key industry development,” said chief executive of DMG Dan Reitzik.
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