Non-Profit Organization Energy Web Starts Sustainability Registry for Bitcoin Miners

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Non-Profit Organization Energy Web Starts Sustainability Registry for Bitcoin Miners
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Non-profit energywebx is launching a registry to score the clean energy and grid impact of bitcoin miners. egreechee reports

Non-profit organization Energy Web said its starting a free sustainability registry for bitcoin miners, which takes into account their energy inputs and impact on electric grids, according a press release.

The project, Green Proofs of Bitcoin , will act as a"certification layer, that can be referenced by lots of different organizations based on what the miner wants to share," Amy Westervelt, Senior Delivery Lead and head of the GP4BTC initiative at Energy Web, told CoinDesk. Argo Blockchain , Cowa, DMG Blockchain and Gryphon Digital Mining and Hive Blockchain were certified at launch.

Miners have been increasingly scrutinized for their environmental impact due to their high energy consumption. Most recently, the Biden administration said that its looking toGP4BTC will score bitcoin miners on two metrics that take into account the mix of energy they use: their purchases of renewable energy credits and their participation in demand response programs. RECs represent ownership of the sustainability of electricity produced.

The registry is free for the time being. Energy Web might introduce a fee for miners looking to get certified or for users looking to access the data, Westervelt said.

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