All Articles
Crypto

Gryphon Digital Mining Becomes First Bitcoin Miner To Embrace Carbon Transparency

March 25, 2024
x min read

The relationship between carbon emissions and Bitcoin mining has been under scrutiny for some time. Now, Gryphon Digital Mining is making a bold move to change that.

What’s happening:

  • Gryphon Digital Mining (NASDAQ: GRYP) has become the first publicly listed Bitcoin mining company to provide full transparency into the carbon emissions of their Bitcoin mining operations
  • Gryphon recently made their carbon emissions report publicly available, providing full transparency into their use of renewable energy and their carbon neutral mining operations

Why it matters:

  • Bitcoin mining companies have been under pressure to lean into renewable sources of energy to power their operations amidst concerns over their emissions and carbon footprint as a consequence of requiring enormous amounts of electricity to power their hardware
  • By validating that it is possible to mine Bitcoin without producing carbon emissions, Gryphon is aiming to usher in a new era of renewable energy powered mining

By the numbers:

  • Gryphon’s entire Bitcoin mining operations are powered 100% by renewable energy sources

Going deeper:

  • Gryphon had previously earned Sustainable Bitcoin Certification from non-profit Energy Web, who is aiming to establish a independent, standardized energy management system that can be applied to all Bitcoin mining companies to accurately measure total emissions

Discover what’s next. The world’s biggest ideas, disruptive trends, most exciting early stage companies and groundbreaking entrepreneurs.

By clicking Subscribe you're confirming that you agree with our Privacy Policy.
Thanks for subscribing!
Keep an eye out for a welcome email shortly.
Oops! Something went wrong while submitting the form.