Go green or die? Bitcoin miners aim for carbon neutrality by mining near data centers

Cointelegraph

Published May 10, 2022 10:32AM ET

Updated May 11, 2022 12:40PM ET

Bitcoin (BTC) mining has always been a controversial topic. But, Bitcoin’s proof-of-work (PoW) model has reached new levels of concern as senior decision-makers and investors pay closer attention to environmental, social and governance factors.

As such, many crypto miners are highlighting environmentally friendly practices by acquiring carbon offsets. Yet, some would argue that this isn’t enough to guarantee green Bitcoin mining. Other risk factors may also be involved with carbon credits.

North Dakota gas flare. Source: Joshua Doubek

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