- PEGA Pool is a UK-based eco-friendly Bitcoin mining pool that incentivizes clients to use renewable energy and helps them offset their carbon footprint.
- It is one of the world’s top 10 largest Bitcoin mining pools, according to BTC.com and offers an aggressive payout structure with a competitive Full-Pay-Per-Share (FPPS) model.
- For those mining with fossil fuel sources, PEGA Pool uses a portion of their pool fees to plant trees in order to partially offset their carbon footprint.
UK-based PEGA Pool has announced the official launch of its eco-friendly Bitcoin mining pool that enables clients to offset their carbon footprint and incentivizes them to use renewable energy.
Features of PEGA Pool
PEGA Pool allows clients to connect their ASIC miners to its platform and mine together, providing them with more consistent and attractive income than mining alone. It is one of the world’s top 10 largest Bitcoin mining pools, according to BTC.com. With its competitive Full-Pay-Per-Share (FPPS) model, it provides an aggressive payout structure for miners. Additionally, it rewards miners making a positive impact on the environment by offering 50% lower pool fees for those using renewable energy sources. For those using fossil fuel sources, it plants trees in order to partially offset their carbon footprint.
Rationale Behind Eco-Friendly Mining
The Proof-of-Work mining operations have received heavy criticism from individuals, corporations and governments over its high fossil fuel consumption leading countries such as China banning crypto mining due to environmental concerns. This has led an increased demand for sustainable options like PEGA Pool which uses only renewable energy in its operations and encourages others too do the same.
David Bungay, CEO of PEGA Pool said “I am very excited to announce the official launch of PEGA Pool, our British Eco Friendly Bitcoin Mining Pool…We built PEGA Pool so that we could not only offer our clients a top performing trustworthy mining pool but also provide them with an incentive to change the industry for the better and follow in our green footsteps.“