PayPal and EnergyWeb Launch New Green Program for Bitcoin Miners

April 23, 2024 Tóth Balázs

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The PayPal Blockchain Research Group and EnergyWeb have jointly announced an incentive program that will track and reward low-carbon emission bitcoin mining operations. The program was developed because bitcoin mining imposes a high burden on local electric grids and taxpayers in the United States, and they aim to reduce their environmental impact through this initiative.

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PayPal and EnergyWeb Launch New Green Program for Bitcoin Miners

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