PayPal unveiled a new program to encourage low-carbon Bitcoin mining on April 22. The payment giant plans to reward cryptocurrency miners using sustainable energy with Bitcoin.

The proposed eco-friendly initiative for Bitcoin miners is a collaboration between PayPal’s Blockchain Research Group (BRG), Energy Web, and DMG Blockchain Solutions, a publicly traded blockchain company.

We’re thrilled to announce that @energywebx and Green Proofs for Bitcoin #GP4BTC are collaborating with @Paypal on the Green Mining Initiative—an innovative approach to support Bitcoin’s decarbonization by financially rewarding miners who use clean energy

PayPal Proposes Incentive Program for Bitcoin Miners Utilizing Low-Carbon Energy

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