Decoding Green Bitcoin Mining Partnership

#BinanceMegadrop

This collaboration involves PayPal’s Blockchain Research Group, Energy Web, and DMG Blockchain Solutions Inc. Together, they aim to reward miners who use low-emission energy sources. Through Energy Web’s Green Proofs for Bitcoin Initiative, miners can receive certifications for sustainable mining, allowing them to prioritize on-chain transactions.

However, in the scope of these partnerships, the analyst points out one of the emerging factors the EWT tokens the native currency of the Energy Web Chain, used to pay for gas fees in the energy sector. This blockchain solution enables online control and management of electrical systems. Energy Web aims to certify top Bitcoin miners, exploring ways to use this accreditation to speed up Bitcoin’s decarbonization efforts.