HomeCoinsHathor (HTR)Hathor Network joins the Crypto Climate Accord | by Hathor Labs |...

Hathor Network joins the Crypto Climate Accord | by Hathor Labs | Hathor Network | Sep, 2021

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Hathor Labs
Hathor Network joins the Crypto Climate Accord by Hathor
Hathor Network signs an agreement to use 100% renewable energy by 2025.

Hathor Network is now a proud signatory member of the Crypto Climate Accord (CCA), a large treaty of companies working towards decarbonizing the blockchain and crypto sector.

The network has now committed to being 100% carbon-free by 2025, meaning no fossil sources in their operations.

This treaty aligns with their existing clean energy program, Hathor Green.

Hathor Green incentivizes miners who use renewable sources to obtain bitcoin combined with the native HTR token.

Individual or professional miners can benefit from the program with any currency based on the SHA256d mining algorithm, as long as the activity is also enabled with merged-mining on the Hathor Network.

“Being a part of the Crypto Climate Accord is a very important step in the Hathor Network’s trajectory. As we work with combined mining, we know that to generate our native token (HTR) the emission of gases is negligible, but we are making our commitment in this respect to help reduce this effect in bitcoin mining. The more renewable the energy matrix, the better it will be for the future of our planet,” says Guto Martino, Head of Marketing at Hathor Network.

The CCA was inspired by the Paris Climate Agreement and brought together organizations from the crypto industry that inform, develop, test, and implement new solutions that accelerate the transition to renewable energy. The agreement offers an open space to face challenges, gather requirements, present solutions, share findings and promote best practices in the sector.

This initiative is led by Energy Web Foundation, Alliance for Innovative Regulation, RMI, and the World Economic Forum, which called for several activities supporting the agreement, which already has more than 150 signatories, including Ripple, ConsenSys, and Tezos, among others.

The overall objective of the CCA is to decarbonize the global crypto industry, prioritizing climate management and supporting the entire transition to zero greenhouse gas emissions by 2040.



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