• PEGA Pool has launched a new eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable energy sources.
• It is one of the world’s top 10 largest Bitcoin mining pools, according to BTC.com, and offers an aggressive payout structure with a competitive Full-Pay-Per-Share (FPPS) model.
• PEGA Pool also plants trees as an offset for miners using fossil fuel sources and has already planted over 148,000 trees.
PEGA Pool Launches Eco-Friendly Bitcoin Mining Pool
PEGA Pool, a UK-based company, has announced the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable energy sources. With the growing adoption of Bitcoin, the Proof-of-Work mining operations have received criticism from individuals, corporations, and governments due to its negative environmental impacts. As a result, there is now a spike in demand for sustainable mining options.
A Top 10 Largest Bitcoin Mining Pool According To BTC.com
PEGA Pool is one of the world’s top 10 largest Bitcoin mining pools according to BTC.com. Its mission began with its parent company PEGA Mining Ltd which uses only renewable energy for its operations demonstrating that large scale crypto mining with green energy alone is possible. The platform offers an attractive income through its aggressive payout structure using a competitive Full Pay Per Share (FPPS) model and also rewards miners making positive impact on the environment by reducing their pool fees by 50%.
Offset Carbon Footprint By Planting Trees
For those miners using fossil fuel sources PEGA Pool uses a portion of their pool fees to plant trees in order to partially offset their carbon footprint resulting in an annual CO2 offset of 3,967 tons so far from over 148 000 planted trees. This initiative provides peace of mind that PEGA Pool is actively taking steps towards sustainability while providing better rewards than competing platforms at the same time.
Incentivize Renewable Energy Usage
The main goal behind this project was not only to provide customers with top performing trustworthy mining pools but also provide them with incentives to change industry standards towards more sustainable practices such as using renewable energy sources instead of relying on fossil fuels consumption leading to pollution and climate change issues worldwide.
CEO David Bungay’s Thoughts On The Launch
David Bungay CEO Of Pega Pool said “I am very excited to announce the official launch of PegaPool our British Eco Friendly Bitcoin Mining Pool . Our journey began with Pegamining which gave us the desire to build pegaPool and provide what was missing in our industry we built pegaPool so we could offer not just performance but also provide incentive for our clients make positive changes in industry”