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Morgan Stanley notes that Bitcoin miners can quickly establish new data centers due to their access to significant power, trading at a discount to the value of secured power. Bitcoin mining is increasingly seen as aiding renewable transitions. EnergyWeb and Green Proofs for Bitcoin collaborate with PayPal on the Green Mining Initiative to reward miners using clean energy, driving economic viability of renewables in Africa. PayPal proposes rewarding miners with 'green keys' for using sustainable energy, offering additional Bitcoin rewards.
NEW: PayPal proposes rewarding ⛏️ miners using sustainable energy with "green keys" that unlock preferential transaction routing and additional #Bitcoin rewards 🤔 https://t.co/zdtkVSxQg7
PayPal Wants to Give Green Bitcoin Miners Extra BTC Rewards ► https://t.co/xgxevRHm5f https://t.co/xgxevRHm5f
🍃 @PayPal has partnered with @energywebx to design an economic incentive system for Bitcoin miners adopting clean energy. Energy Web will provide "green keys" to eligible miners, who can then mine transactions offering exclusive rewards 👀 Read More: https://t.co/b5Wxl7cHjb https://t.co/UbtPOGlwoP
