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Green Proofs for Bitcoin, launched by Energy Web, aims to incentivize sustainable practices in the bitcoin mining industry. By offering transparency into companies’ decarbonization initiatives, it bridges the gap between sustainable miners and potential investors, encouraging a more environmentally friendly future.

Energy Web has launched the Green Proofs of Bitcoin (GP4BTC) registry, aiming to address environmental concerns by tracking miners’ energy inputs and their impact on electric grids. The registry evaluates miners on renewable energy credit purchases and participation in demand response programs, promoting transparency in their energy sources and supporting a greener crypto industry.