Terra pool will incentivize cryptocurrency miners to produce Bitcoin in a sustainable and climate-conscious way, eventually significantly reducing greenhouse gas emissions over the next decade.
United Kingdom, March 26, 2021 /AlexaBlockchain/ – UK-based global crypto mining firm Argo Blockchain PLC and Canadian firm DMG Blockchain Solutions Inc will launch the world’s first clean energy Bitcoin mining pool ‘Terra Pool’.
Terra Pool will be aimed at better managing the impact of Bitcoin mining on the climate by aligning with the latest climate science.
Initially, the Pool will consist of both DMG’s and Argo’s hashrate, which currently uses energy generated by hydroelectric resources.
In the near-term, Terra Pool will work with like-minded Bitcoin miners to expedite the shift from conventional power to clean energy.
The pool also have provisions to incentivize cryptocurrency miners to produce Bitcoin in a sustainable and climate-conscious way. It eventually aims to significantly reduce greenhouse gas emissions over the next decade.
