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Report: Decarbonising crypto – Towards practical solutions

Report: Decarbonising crypto – Towards practical solutions
by Zumo Team June 2022

Set against the backdrop of a rapidly-evolving and maturing industry, growing regulatory interest and fierce public scrutiny, the topic of energy consumption in crypto is as prominent as it has ever been. Download the report to find out practical solutions.

It has been an eventful six months since we released our inaugural ‘Decarbonising crypto’ report, detailing the current state of play in the industry, the terms of engagement and the scope of the challenge ahead.

This critical conversation, as we all know, is a fast-paced one. Set against a backdrop of a rapidly evolving and maturing industry, increasing regulatory interest and fierce public scrutiny, the topic of energy consumption in crypto is as prominent as it has ever been. And, we believe, a debate that has firmly reached its tipping point from talk into action.

In this follow-up ‘Decarbonising crypto’ report, we offer a practical and solutions-focused counterpart to our initial state-of-play review, focusing on the outcomes of our own ‘Zero Hero’ pilot implementation project, as the first practical step in Zumo’s net zero strategy, and offering a practitioner’s discussion both of the solutions frameworks we adopt today and the opportunities we look to embrace tomorrow.  

  • Section 1 presents a simple visual overview of the Zero Hero pilot project and prevailing customer sentiment.
  • Section 2 offers a wallet/exchange provider’s perspective of methodology considerations, key takeaways, renewable energy procurement strategy and evolution of practice. 
  • Section 3 outlines a consideration of the next chapter in the delivery of crypto decarbonisation solutions.

Finally, our BTC mining companion guide considers how the decarbonisation discussion fits into the wider industry picture and a landscape of shifting geographies, commercialisation, solutions innovation, regulatory pressure and public scrutiny.

This is an area in which so much is happening, and yet so much remains to be done: we hope this survey report provides a practically-oriented discussion to serve on the common journey ahead.

You can download the Decarbonising Crypto Report here