Incentivizing Bitcoin miners to use and deploy clean energy sources will significantly reduce CO2e emissions, and eventually through SBP, Bitcoin will be one of the most sustainable asset classes in existence. NGOs and other climate-driven stakeholders will be able to participate in the most impactful and expedient decarbonization of any industry in history. Bitcoin mining is here to stay, but now is the time to ensure it is developed sustainably.
SBP’s verification process compiles data from utility APIs to provide the most accurate, secure and up to date information for reporting and traceability. This data can be used to track macro trends in energy and hold organizations and companies accountable. Through our platform, information on SBC creation and price, clean energy attributes and project details will be publically available.
Many communities in the US and around the world do not have access to clean and reliable energy, and are often subjected to inequitable grid infrastructure and legacy fossil fuel plants. While renewable and clean energy potential exists virtually everywhere, unreliable demand makes clean energy infrastructure uneconomic for historically underserved communities. Bitcoin mining can enable renewable energy buildout feasible for these disadvantaged groups. SBP is also mobilizing billions of dollars of capital toward clean energy development, and can surgically direct this financing to the communities where it will have the greatest impact.
The Sustainable Bitcoin Standard is partnering with top international climate scientists and NGOs to guide Bitcoin towards a more sustainable future.
We’ve developed an international protocol that can verify bitcoin mining powered
by clean energy sources, and financially incentivize miners to go green.