[Taklimakan Blog] Square Will Spend Millions on Greening Bitcoin

Square Inc. pledged to invest $5 million in building solar-powered Bitcoin mining equipment (BTC)

The new facility will be built at the Blockstream mining site in the United States. Square spoke in detail about its participation in the project:

“We want projects operating in the bitcoin ecosystem to use electricity more efficiently and switch renewable sources more actively. Therefore, as part of our Bitcoin Clean Energy Initiative, we are working with @Blockstream to launch a green energy mining project. ”

“Together, we will create a public dashboard that clearly shows all the characteristics of a renewable energy Bitcoin mining project.”