The environmentally friendly Bitcoin mining pool Pega Pool is to be introduced in the first quarter of 2023

The environmentally friendly Bitcoin mining pool Pega Pool is to be introduced in the first quarter of 2023

Pega Pool, a Bitcoin mining pool that will enable ASIC miners to connect and work together during Bitcoin mining, should be introduced in the first quarter of 2023. The mining pool is currently in the pre-start phase.

The central theses

  • pega pool is a bitcoin mining pool.

  • ASIC-MINER can connect to the pool and work together during Bitcoin mining.

  • Pega Pool is currently in the pre-launch phase and is publicly introduced in the 1st quarter of 2023.

Those who are interested in reducing Bitcoin using the pool can join the waiting list for early access. At the moment the only customers, the Bitcoin with Pega Pool Minen, a few beta testers and Pega Mining, a sister company of Pega Pool.

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Pega Pool functions

Pega pool is characterized by the fact that it is in British possession and is operated at a time when most mining pools were Chinese. This makes Pega Pool more attractive for customers from western countries who do not prefer to use Chinese pools if there was no limited selection on the market.

The main goal of Pega Pool is to reduce the CO2 footprint of Bitcoin Mining in order to create a more sustainable and environmentally friendly industry.

For this purpose, the pool is open to all Bitcoin mining customers regardless of their energy sources. Those who use renewable energies are rewarded by 50 % by reducing the pool fees, while those who use renewable energies have to pay higher pool fees for planting trees to compensate for their CO2 footprint.

Pool fees for users of non -renewable energies are 2 %, while users pay renewable energies 1 %. However, customers who rely on the "Early Access" guest list benefit from a permanent reduction in pool fees by 50 %. Those who participate in the beta test benefit from 0 % pool fees during the beta phase and a permanent pool fee of 0.5 % after the start.

The pool will use a competitive PPS+revenue model to distribute the mining rewards to customers.

Renewable energies in Bitcoin mining

Bitcoin mining was heavily flourored this year in the media, since its effects on the climate on the huge amount of fossil fuels are due to burn the miners in order to gain energy for the operation of Bitcoin mining facilities. Countries like China have already banned Bitcoin mining due to its effects on climate change.

companies like Tesla also stopped BTC payments shortly after the announcement that Tesla accepted Bitcoin payments. The step to set BTC payments took place after Elon Musk became aware of the consumption of fossil fuels by the industry. A condition for the resumption of the BTC payment for Tesla goods was the conversion of Bitcoin to renewable energy sources.

Pega Pool offers a good opportunity for miners, as it aims to make industry more environmentally friendly and sustainable by promoting the use of renewable energy sources and at the same time punishing users of non -renewable energies.

Bitcoin-Miner near the profit threshold

The difficulties in Bitcoin mining continue to increase, since the number of bitcoins that still have to be dismantled by a maximum of 21 million bitcoins continues to decrease. In combination with the falling BTC price, this has led to a pressure for Bitcoin miner around the world.

Pega Pool offers miners a way out because it offers reduced pool fees in comparison to other Bitcoin mining pools all over the world.

Source: Coinlist.me