Bitcoin (BTC) miners the world over are running out of patience with the highly anticipated launch of PEGA Pool mere weeks away. Record low BTC prices, compounded by rising hash rates, have had BTC miners and mining companies in a spin for months. Many struggle to make ends meet and certain firms have even been forced to file for bankruptcy.
That’s why miners are so excited for PEGA Pool to launch in Q1 of 2023 finally. Ranked as the 13th largest mining pool on the planet according to BTC.com, PEGA Pool is also the world’s first ecological mining pool in the crypto industry, and they’re rewarding BTC miners who join as members with significant reductions in pool fees.
In fact, this reduction is as high as 100% during the pre-launch period for miners who can prove to PEGA Pool that they are already mining BTC using renewable energy alternatives. This will be followed by a permanent pool fee reduction of 50%, which will apply from the moment PEGA Pool’s doors officially open next year.
But what about miners who still rely on traditional power to mine Bitcoin? While PEGA Pool encourages everyone to make the transition toward green energy mining, they’re still welcoming all BTC miners on board regardless of their current energy status. PEGA Pool is using a portion of their non-renewable-energy-using-miners’ fees to plant more trees to attract more miners.
This forms part of PEGA Pool’s mission to make the global crypto ecosystem a more sustainable sector for everyone, even those who have nothing to do with the sector and are forced to watch helplessly from the sidelines as climate change worsens every single day.
With more trees in our environment, we can expect to significantly offset the industry’s disastrous CO2 emissions, lower our collective carbon footprint worldwide, and see a major reduction in the millions of metric tons of CO2 being spewed into the atmosphere by the crypto industry annually.
While we’d need to see around 300 million trees introduced into the environment to see a noticeable difference, PEGA Pool is making new dents in this milestone every day – and they’ve already planted over 100,000 as we write this. With this number rising with each new sunrise, we’re sure to make real progress on our journey toward that 300 million within the next few years!
For their members’ peace of mind, PEGA Pool is owned and operated by a British team on British soil. This eliminates concerns surrounding conventional mining pools of questionable origin.
Space on their waiting list is running out fast, and the BETA testing period is almost over.