Carbon emission

PayPal Proposes Incentive Program for Bitcoin Miners Using Low-Carbon Energy Sources

PayPal Proposes Incentive Program for Bitcoin Miners Using Low-Carbon Energy Sources

International payments giant PayPal plans to reward Bitcoin (BTC) mining companies that make their operations more eco-friendly. According to an April 22 blog post, in collaboration with Energy Web and DMG Blockchain Solutions, PayPal’s Blockchain Research Group has proposed using “cryptoeconomic incentives” to encourage BTC miners to use low-carbon energy sources.  PayPal believes these experimental […]

Apr. 23, 2024