Total
0
Shares
Source: Crypto Climate Accord.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Digihost (DGHI) has signed the Crypto Climate Accord and committed to furthering sustainability within the cryptocurrency industry
  • The Crypto Climate Accord is a private-industry led initiative modeled on the Paris Climate Agreement
  • Its goals include net-zero emissions from electricity consumption by 2030 and developing tools to measure progress toward renewably powered-blockchains
  • Digihost is a growth-oriented blockchain technology company primarily focused on Bitcoin mining
  • Digihost Technology (DGHI) is up by 5.26 per cent and is currently trading at $1.40 per share

Digihost (DGHI) has signed the Crypto Climate Accord and committed to furthering sustainability within the cryptocurrency industry.

The Crypto Climate Accord is a private-industry-led initiative modelled on the Paris Climate Agreement. Its goals, which align with the company’s DigiGreen Initiative, include:

  • Achieving net-zero emissions from electricity consumption by 2030
  • Developing standards, tools and technologies to accelerate the adoption of and verify progress towards 100-per-cent renewably powered-blockchains

To date, more than 45 companies and individuals in crypto and finance, technology, NGOs and the energy sector have joined the accord.

By lending its name to that growing group, Digihost is positioning itself as an industry leader in the governance of blockchain production in Canada, the United States and beyond.

Michel Amar, Digihost’s CEO, commented,

“Having recently launched our DigiGreen Initiative, we are pleased to also pledge our support of the Crypto Climate Accord as a signatory and lend our technical expertise to develop a greener blockchain community. This is an exciting development for the long-term viability of our industry and the long-term health of our planet. Our business model has always focused on growth through environmentally and socially responsible blockchain operations, and becoming a signatory to the Crypto Climate Accord further solidifies that commitment.”

Digihost is a growth-oriented blockchain technology company primarily focused on Bitcoin mining.

Digihost Technology (DGHI) is up by 5.26 per cent and is currently trading at $1.40 per share as of 10:12 am ET.

More From The Market Herald
Bitcoin Well - CEO, Adam O’Brien (left).

" Bitcoin Well (TSXV:BTCW) announces Q3 results and introduces three-pillar strategy

In the third quarter of 2021 and the following nine months, revenue for Bitcoin Well increased to $15.9 million and $85.2 million respectively.

" LUXXFOLIO (CSE:LUXX) upsizes bought deal offering to $9.1M

LUXXFOLIO Holdings (LUXX) has upsized its previously announced bought deal financing.

" DMG Blockchain Solutions (TSXV:DMGI) purchases next-gen miners

DMG (DMGI) is announcing the purchase of 1,800 Bitmain Antminer S19 XP miners.
iMining - Khurram Shroff, Chairman and CEO.

" iMining Technologies (TSXV:IMIN) launches staking on the Avalanche Blockchain

iMining Technologies (IMIN) subsidiary, CanETH Staking Services has launched staking solutions for the native token of the Avalanche blockchain, AVAX.