Summary
TLDR: Gryphon Digital Mining is using 100% renewable energy to mine bitcoin, as verified by a third-party audit. The company is transparent about its carbon emissions and aims to expand its operations in jurisdictions with supportive regulations and renewable energy sources.
Key Points
1. Gryphon Digital Mining is currently mining bitcoin with 100% renewable energy, as confirmed by a third-party audit.
2. The company uses CarbonChain to monitor its carbon emissions and has been using 100% renewable energy for mining in 2024 and 98% renewable energy in 2023.
3. Gryphon conducts its mining operations through a hosting contract with Coinmint in upstate New York, using hydroelectric power, and is looking to expand into jurisdictions with supportive regulations and favorable economics for mining and renewable energy.