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Pega Pool Aims To Make Bitcoin Mining Eco-Friendly With Carbon Offsets

British-owned Pega Pool, launching in Q1 2023, is opening its offering to Bitcoin mining clients regardless of their renewable energy usage—but will reward clients that mine using renewables with a 50% reduction in their pool fees, from 2% to 1%.

That’s left Bitcoin miners hunting for cost-effective options that offer a stable income stream; something that Pega Pool is seeking to address with reduced pool fees for miners.

Clients that join Pega Pool’s early access waiting list will receive a permanent 50% reduction in pool fees, while clients that are accepted for beta testing will see 0% pool fees during the beta stage and a permanent pool fee of 0.5% post-launch. The pool also operates using a competitive pay per share plus (PPS+) revenue model.

Although the only clients currently mining with Pega Pool is its sister company Pega Mining and a handful of beta testers, it’s already the 13th largest pool in the world by hashrate, according to BTC.com; with miners redoubling their focus on sustainability and stable profits in the midst of the current bear market, its share looks likely to grow.

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