The popularity of cryptocurrency has exploded. Nations are opening up to them, and regulations are being streamlined. However, this has put a sharp focus on energy concerns related to crypto mining operations, and the asset that has drawn the most ire is Bitcoin.
Being the apex crypto that started it all, Bitcoin’s energy intensiveness can even give the combined electricity requirement of Argentina and Sweden a run for their money. Shining a light on it is the Cambridge Bitcoin Electricity Consumption Index, which has shown that out of the 100 terawatt-hours of electricity that Bitcoin consumed, much of it came from fossil fuels.
Bitcoin’s annualized energy consumption is estimated at 176.01 TWh, with a theoretical upper bound of 373.61 TWh. This growth, largely reliant on non-renewable sources, contributes to environmental issues and increasing carbon emissions, despite Bitcoin’s potential as the future of finance.
Source: Cambridge Bitcoin Electricity Consumption Index
Thankfully, a grand shift is happening right now. Institutions have realized the need to adopt better sources of energy, especially as BTC adoption has skyrocketed over the last two years. A testament to this is the recent price action, where Bitcoin has climbed past the $100K mark and is aiming for new highs.
Multiple renewable sources are at play when it comes to Bitcoin mining. The inclusion of wind- and hydro-powered rigs, along with many solar-powered rigs, has changed the script around Bitcoin mining. According to the Bitcoin ESG Forecast, over 54.5% of the energy now comes from renewable resources.
This is a major win. However, cost concerns associated with setting up a mining rig have given rise to a better form of mining: cloud mining. And MiningToken stands tall as one of the leading crypto mining solutions.
With its democratized approach to mining, MiningToken focuses on a simple premise: leveraging the most ethical way of mining with an AI-driven approach to provide intelligent mining solutions. It is a method that does not harm the planet in any way, and customers earn profits at the same time.
MiningToken adopts a fully green mining model focused on remote mining and better energy solutions.
This approach not only eliminates all the environmental drawbacks associated with the traditional form of crypto mining, it also makes mining more accessible.
Its cloud-based mining approach means that users don’t need to get their own rigs, which reduces personal energy usage. And when there is less personal usage, there is less harm to the environment.
MiningToken’s green energy strategy is unique due to its 100% adoption of green energy. The company taps into green-energy-friendly countries like Paraguay, Canada, Sweden, Iceland, and Uruguay, which generate 61.7% of their energy through hydroelectricity, wind, thermal energy, and wind farms.
While the reason MiningToken’s approach could help the environment is pretty cut and dry, it is always better to highlight those reasons with substantial information.
Natural gas-powered or coal-powered mining operations generate massive CO2 in the environment. In 2020–2021, for instance, Bitcoin mining emitted over 85 metric tons of CO2eq. China’s coal-intensive Bitcoin mining alone produced over 41 Mt CO2eq. This presents a grim picture of traditional forms of mining.
With MiningToken’s 100% green energy approach, however, the CO2 emissions are reduced by a large degree. With no gas emissions thanks to its exclusive focus on renewable sources, MiningToken’s mining strategy could be considered ahead of its time.
It is the beauty of cloud mining that users don’t need to buy their own hardware. All they need is a device that can browse the internet, and the mining farms working remotely will generate rewards for them. As no hardware is needed, there won’t be any electronic waste.
MiningToken’s decentralized mining approach encourages participation and reduces costs, generating revenue through hashtrade trading, blockchain asset management, and machine leasing, with 70% of profits going to investors.
Aligning profitability with purpose is the main goal of MiningToken. It means that those who participate won’t only gain profits, but also an ethical advantage.
With no physical rigs involved, users are free from all the attached annoyances. It means no sound, no heat, and no electronic waste.
People today have grown more conscious about the environment. First Insight reveals that 62% of Gen Z shoppers seek sustainable brands, while still being in love with the latest tech. With MiningToken’s inclusive solutions, users get just that — a green investment into a high-tech ecosystem.
MiningToken’s cloud-based mining solution is remote, which means users don’t need to worry about energy bills or deal with maintenance-related hassles. With no concerns about cooling systems, electricity costs, or hardware upkeep, the focus can be purely on mining.
Here are the steps to start with green mining on MiningToken:
3.Users will start earning automatically once the plan has been purchased. They have the power to withdraw at any time or even reinvest, should they wish to.
Cryptocurrency usage surges, highlighting climate crisis. Green mining solutions emerge as ESG investing grows. MiningToken, an AI-driven mining model, supports sustainable growth and carbon transparency in crypto, addressing regulatory demands for transparency.
Website: https://miningtoken.com/
When the market is volatile and the cost of a single token is high, passive…
The Bitcoin price recently pushed to its new all-time high again, leading to a new…
Looking ahead to the end of 2025, innovative mining ecosystems like CLS Mining are building…
When Solana entered the market in 2020, early adopters saw one of the largest ROI…
The phrase “next big moment” has been echoing across the crypto market since the incredible…
After five years of operations as a successful crypto mining platform, ZA Miner hosted an…