Hydroelectric energy will power a new Bitcoin mining pool following Argo's partnership with DMG Blockchain.
Publicly-traded cryptocurrency mining firm Argo Blockchain will launch a Bitcoin (BTC) mining pool powered solely by clean energy, the company announced on March 26.
Argo has partnered with fellow eco-friendly mining firm DMG Blockchain to create Terra Pool — a Bitcoin mining pool consisting of a hash rate derived from both company’s hydroelectric power sources, which the firm claims is the first of is kind.
Argo Blockchain PLC is a United Kingdom-based mining company with three operational facilities in Canada set up to mine Bitcoin, and the privacy coin, Zcash (ZEC). The firm recently acquired a 320-acre plot of land in Texas, which it plans to use to expand its mining operations with an additional 200-megawatts of electrical power, also derived from renewable energy sources.
Source:
Cointelegraph