The first clean energy-powered Bitcoin mining pool comes to lifesteemCreated with Sketch.

in argo •  4 years ago 

bitcoin-2021-03-27T003246.777-1132x670.jpg

#Crypto #money #Argo, one of the leading companies in the mining sector, block chain technology company #DMG, and crypto-currency backed by the world's clean energy agreement with Blockchain Solutions first Bitcoin paves the mining pool.

Under the agreement, the two companies will open a new mining pool called "Terra Pool" and this pool will run on clean energy. The pool will initially share the hash rate of both Argo and DMG generated by #hydroelectric sources .

According to the press release, #Terra #Pool will be an important opportunity to create ' #green #Bitcoin' and the initiative aims to accelerate the transition from traditional power to clean energy, reducing the impact of Bitcoin mining on the environment. The mining pool will provide a platform for cryptocurrency miners to sustainably produce Bitcoin and other cryptocurrencies.

"The issue of climate change is a priority for Argo, and our partnership with DMG to open the first 'green' Bitcoin mining pool is an important step towards protecting our planet for the benefit of present and future generations," said Peter Wall, CEO of Argı Blockchain. We hope other companies in the bitcoin mining industry will follow us, too. " used the expressions.

London-based Argo Blockchain is listed on the London Stock Exchange and has a market value of $ 840 million. The news had an 11 percent impact on Argo's share price.

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