Greener Bitcoin Mining Could Be China’s ‘Trillion-Dollar Present’ to the United States

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When a miner wins a block benefit of Bitcoin, it is provided a matching quantity of sustainable Bitcoin certificates (SBCs), which, like Bitcoin, are on-chain tokens divisible by 100 million. These tokens can be held or uncoupled from the Bitcoin coinbase and offered to esg-focused financiers and institutional financiers, who can then match these to their Bitcoin holdings. Next month, the procedure will perform its very first end-to-end deal from circulation of SBCs to a miner, to those being offered on to an ESG-focused financier, van Vorhees stated.

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