Michael Saylor and Elon Musk Ask Bitcoin Mining Companies to be More Like Gryphon
How the clean crypto operation has already pioneered sustainability as a business model
MIAMI, FL - Recently, both Elon Musk and Michael Saylor have worked to drive sustainability in the cryptocurrency sector, going as far as to form a Bitcoin Mining Council that includes top miners from across North America. This move falls inline with what an independent mining operation, Gryphon Digital Mining has already been doing, by working to create sustainable crypto production that is carbon neutral and utilizes only 100% renewable energy sources.
In an article from Forbes, they explain that the organization will work to standardize energy reporting requirements and introduce Environmental, Social, and Corporate Governance (ESG) goals industry wide, to better offer transparency and drive sustainability. Forbes reports that early meetings of the group included executives from Argo Blockchain, Blockcap, Core Scientific, Galaxy Digital, Hive Blockchain, Marathon Digital Holdings, Hut 8 Mining, and finally Riot Blockchain, where Gryphon CEO & Director Rob Chang previously served as CFO. With Gryphon, Chang has built his operation around ESG initiatives and is happy to see others in the industry following suit.
“As crypto operations continue to expand in both scope and scale, we have to be working diligently to ensure our carbon footprint is neutralized, both for the planet and for society,” said Chang. “I’m thrilled to see that industry leaders like Elon Musk and Michael Saylor are pushing for renewable energy solutions for bitcoin mining and look forward to seeing these industry-leading mining firms follow our lead toward ESG-led, sustainable practices.”
Recently, Gryphon became a member of the Crypto Climate Accord as one of it’s first signatories. Gryphon joins a growing list of blockchain companies pledging to be fully carbon neutral by 2040, though Gryphon is the first member to have already achieved these goals - a testament to both its ESG commitment and its drive to build infrastructure with longevity for the cryptocurrency industry. With a near-term goal of being listed on a senior exchange, Gryphon is also working to be the first vertically-integrated mining organization with a wholly-owned energy supply that is 100% renewable.
Gryphon Digital Mining is an innovative new venture in the cryptocurrency space dedicated to helping bring digital assets onto the clean energy grid. With a talented leadership team coming from brands like Netflix, Disney, Facebook, Google, Nasdaq, and Cantor Fitzgerald, they are working to pull in experts from across the globe to improve virtual currencies. More information is available on https://gryphondigitalmining.com/.