Nikolas Sargeant
Cryptocurrency has changed the world, freeing communities from their centuries’ old reliance on the traditional banking system in favour of a more decentralised financial structure. However, the damage the crypto industry is causing is starting to come to light worldwide, with Bitcoin being the biggest culprit.
Bitcoin mining is the only way to bring new coins into circulation, and it’s crucial to make sure the same coin is not spent more than once. Bitcoin is a digital currency, which creates the inherent risk of copying and counterfeiting. BTC miners solve this problem by cracking cryptic mathematical problems to verify transactions and create new coins – similar to how traditional miners excavate precious metals.
Unfortunately, this process demands an incredibly high amount of computational power, which relies on the burning of fossil fuels. This creates greenhouse gases which, when released into the atmosphere, destroy the ozone layer and make a bad situation worse.
The environment aside, Bitcoin miners are further struggling to make ends meet with rising hashrate and the plummeting Bitcoin price.
That’s where PEGA Pool comes in, the world’s first eco-friendly mining pool that’s planting trees in an effort to offset the industry’s carbon emissions crisis.
Ranked by BTC.com as the 13th biggest mining pool in the world, PEGA is on a mission to make the crypto industry a better place for the generations of today and tomorrow. PEGA Pool is also British-owned and -operated for its clients peace of mind, who can rest easy knowing they won’t be mining with faceless strangers of questionable origin. In fact, PEGA Pool hopes to become the most trusted, revered, and well-respected mining pool on Earth. And with enough BTC miners in their army, they are getting ever closer to doing just that.
Apart from helping miners do their part to save the environment, PEGA Pool is also lifting the weight of their current financial burden. Through collaborative Bitcoin mining as a collective, miners can enjoy a far more stable income than they would on their own. Plus, they’ll also be saving on pool fees by mining with PEGA Pool.
While non-renewable energy clients will have trees planted using a portion of their pool fees, those who have already made the shift to renewable energy BTC mining will be rewarded with a significant 50% fee reduction. This comes on top of a 100% pool fee discount for those who are approved to join the BETA testing phase ahead of the eco-friendly mining pool’s big launch in Q1 of 2023.
Check out PEGA Pool now to secure one of the last available spots on the waiting list – which is filling up quickly – or to find out how you can become a BETA tester and start reducing your carbon footprint. Bitcoin miners will also find live PEGA Pool statistics, including pool hashrate, blocks mined, daily revenue, PPS+ pool fees, trees planted so far, and more.
