PEGA Pool Officially Launches Its Eco-Friendly Bitcoin Mining Pool

Sustainable cryptocurrency mining is one of the industry’s top priorities throughout 2023 and beyond. PEGA Pool’s official launch marks a crucial milestone in this proceedings, especially for the Bitcoin network.

PEGA Pool Is Officially Live

Cryptocurrency enthusiasts may have seen the name PEGA Pool pop up in recent months. The project has been touted as the next significant Bitcoin mining pool, but with a twist. Unlike other mining efforts, PEGA prioritizes helping clients offset a carbon footprint.

In addition, it has an incentivized approach to making miners use renewable energy. Furthermore, miners can connect their existing ASIC mining units to this platform.

The vision of the PEGA Pool has been noticed. It quickly rose to the ranks of the Bitcoin mining pools and represents 0.99% of Bitcoin’s global mining hash rate. In addition, there is a strong interest in the world’s leading cryptocurrency despite a bearish 2022.

While the BTC price plummeted, it saw a solid initial rebound in early 2023. That will allow PEGA Pool to increase its market position as more people seek exposure to Proof-of-Work mining. 

Although government experts and corporations remain wary of Bitcoin mining, the industry remains incredibly healthy.

Concerns over using fossil fuels and carbon emission of mining efforts have not fallen on deaf ears. If anything, the industry took the comments to heart and decided to push for broader use of renewable energy.

That vision aligns with PEGA Pool’s mission of establishing a more sustainable industry. 

Reducing pool fees is one incentive to get more people to use renewable sources. When mining Bitcoin – or other cryptocurrencies – miners pay a small price to the pool for participation and overall infrastructure upkeep.

PEGA Pool cuts those fees by 50% for anyone using renewable energy. That is a strong incentive for cleaner mining, putting more money into the miners’ pockets. 

Everyone Is Welcome

Although PEGA Pool wants to prioritize renewable electricity mining, those who rely on fossil fuels are welcome, too.

However, a share of their pool fees will be used to plant trees and help offset a percentage of their carbon footprint. PEGA’s team has planted nearly 150,000 trees to date, offsetting almost 4,000 tones of CO2. 

PEGA Pool CEO David Bungay Adds

“I am very excited to announce the official launch of PEGA Pool, our British Eco-Friendly Bitcoin Mining Pool. Our journey began with PEGA Mining which gave us the desire to build PEGA Pool and provide the world with what was missing in our industry.

We built PEGA Pool so that we could offer our clients a top-performing trustworthy mining pool and provide them with an incentive to change the industry for the better and follow in our green footsteps.”

The team ensures miners can experience guaranteed uptime, regardless of outages or equipment issues. PEGA Pool leverages a Global Pool infrastructure capable of withstanding natural disasters and power grid failures.