Warning: Use of undefined constant ‘FS_METHOD’ - assumed '‘FS_METHOD’' (this will throw an Error in a future version of PHP) in /home/btcnewspaper/public_html/rayyesfinance.com/wp-config.php on line 83

Warning: Use of undefined constant ’direct’ - assumed '’direct’' (this will throw an Error in a future version of PHP) in /home/btcnewspaper/public_html/rayyesfinance.com/wp-config.php on line 83
Argo Blockchain PLC inks crypto climate accord to promote industry - Rayyes Finance and Market News
Daily Banking News
$38.13
+0.4%
$151.70
+0.17%
$56.04
-0.2%
$27.71
-0.86%
$301.98
+0.5%
$374.23
-0.16%
$68.10
+0.18%
$101.04
+0.55%
$70.30
+0.75%
$2.58
+1.98%
$18.12
+0.17%
$66.44
+0.65%
$62.41
+0.92%

Argo Blockchain PLC inks crypto climate accord to promote industry


The CCA outlines several objectives for the crypto mining industry including reaching net-zero emissions from electricity consumption by 2030

() said it has signed a crypto climate accord (CCA) in partnership with DMG Blockchain Solutions to promote the decarbonisation of the cryptocurrency industry.

The Bitcoin miner said that in conjunction with the CCA both firms are jointly developing a maiden working group to clearly outline the accord’s aims while deploying new technologies that increase the transparency of the renewable energy sourcing of crypto mining.

READ: Argo Blockchain buys two data centres in Quebec

The CCA, which has 40 signatories including 20 prominent crypto firms, also outlines several objectives to decarbonise the industry including reaching net-zero emissions from electricity consumption by 2030 and developing standard, tools and technologies to accelerate the adoption and verification of 100% renewables-powered blockchains by the United Nations Framework Convention on Climate Change (UNFCCC) COP30 conference in 2025.

“As more data continues to surface regarding Bitcoin and Bitcoin mining’s impact on the environment, it’s imperative that the industry takes real, tangible action. The Crypto Climate Accord helps lay the groundwork for that action and we are both eager and determined to ensure that Supporters and Signatories remain committed to the group’s goals,” Argo chief executive Peter Wall said in a statement.



Read More: Argo Blockchain PLC inks crypto climate accord to promote industry

Get real time updates directly on you device, subscribe now.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.