Blockstream and Macquarie to Launch Carbon Neutral Mining Pilot Project

On Thursday blockchain company Blockstream Mining said it will partner with Australian financial conglomerate Macquarie Group. The partners will launch a pilot project for carbon neutral bitcoin mining in the United States.

The partnership will initially include mining hardware hosting, with the potential to scale in stages as green power infrastructure will be deployed. The first project will be based in North America.

Macquarie will invest in exploring the possibilities of using renewable energy sources in mining.

Image: The Block