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Energy Web X Ecosystem
  • Documentation Overview
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    • EWX: Architecture
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      • 🖥️The Marketplace App
        • Operator and Worker Accounts
          • Creating an operator account
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          • Creating a worker account
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          • Linking a worker account to an operator account
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        • How to use Ledger on Marketplace App
        • Token Management
          • Creating an EWC account
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          • Lifting tokens
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          • Tracking lifting and lowering transactions
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          • Subscribing to a solution group
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          • Managing subscriptions
          • Unsubscribing from a solution group
          • Unsubscribing delay
        • Worker Node and Rewards
          • Configuring remote worker node
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          • Votes casted per Period
          • Reward Period
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        • FAQ: Marketplace App
        • Location Services
      • 🗄️Server-based Worker Nodes
        • Deployment Guide
        • Bootstrapping Server-based Worker Node Accounts
        • FAQ: Server-based Worker Nodes
      • Worker Node use cases
        • Sample Enterprise Use-Cases
          • Operating Envelopes Partitioning
          • ZEL Request Partitioning
          • Green Proofs
            • SAFc
            • Green Proofs for Bitcoin (GP4BTC)
            • Green Proofs as a Service (GPSaaS)
            • Green Proofs for Electrical Vehicles (GP4EV)
  • ENERGY SOLUTIONS
    • Green Proofs by Energy Web
      • Green Proofs Overview
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      • Green Proofs Software Stack
      • Use Cases and Reference Implementations
        • 24x7 Renewable Electricity
        • Sustainable Aviation Fuel
        • Green Proofs for Bitcoin
          • GP4BTC Miner Guide
        • Decarbonizing Shipping
        • Green Proofs for Electrical Vehicles
        • Green Proofs as a Service (GPSaaS)
    • Digital Spine by Energy Web
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      • Component Guides
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          • Technical Guide
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          • Technical Guide
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              • Key Vault
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            • Address Book
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          • Deployment Guide
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              • Deploy with Kubernetes
              • Deploy with Docker
            • Key Vault
              • Deploy with HashiCorp Key Vault
              • Deploy with Azure Key Vault
              • Deploy with AWS Secrets Manager
            • Rebranding and Whitelabelling
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  1. ENERGY SOLUTIONS
  2. Green Proofs by Energy Web
  3. Use Cases and Reference Implementations

Green Proofs for Bitcoin

PreviousSustainable Aviation FuelNextGP4BTC Miner Guide

Last updated 5 months ago

Bitcoin mining is a major global energy user, estimated by the to have consumed over 121 TWh of electricity in 2023. This energy use translates into negative climate impact - but not all mining operations contribute equally to it. Climate-conscious mining operations are contributing to grid decarbonization by purchasing renewable energy, strategically locating mining operations in low-carbon grids, and participating in demand flexibility programs.

The Green Proofs for Bitcoin (GP4BTC) platform is a solution to bring consistent metrics and much-needed transparency into the climate impacts of individual Bitcoin mining companies so industry stakeholders can make better decisions to align with a net-zero future. GP4BTC offers a certification program for climate-conscious miners and one-stop shop for companies seeking to transact with them. Using GP4BTC's self-sovereign approach to data-sharing, market participants such as exchanges and payment processors can discover, validate, and compare the sustainability credentials of participating miners and launch innovative programs to recognize and reward climate-aligned mining.

In April, 2024, Energy Web a strategic collaboration with PayPal's Blockchain Research Group to deliver cryptoeconomic incentives to climate-aligned miners using the GP4BTC platform. For more details, please read the project whitepaper

GP4BTC Application Context Diagram

For miners interested in applying for GP4BTC certification or needing assistance navigating the GP4BTC platform, please refer to the .

Miner Guide
Cambridge Centre for Alternative Finance
announced
here.