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8 ways crypto mining companies can effectively embrace ESG practices 

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Smart ESG practices can help crypto mining companies be more responsible members of the global community and attract new investors.

Companies across industries are focused on improving their environmental, social and governance practices, and with good reason. In addition to having the desire to do good for its own sake, businesses are very aware that more and more investors are taking a company’s ESG standards and practices into account when making investment decisions.

Crypto mining companies would do well to look into how they too can keep ESG practices in mind, and in light of a common criticism levied at the crypto industry — that it has a large carbon footprint — they may want to begin by focusing on energy efficiency and emissions. Below, eight members of Cointelegraph Innovation Circle share tips to help crypto mining companies adopt or enhance ESG practices and share that work with fellow industry members and the public.

Join and engage with online mining communities

While it’s clear how to make mining more sustainable, the implementation can still be lengthy and expensive. Joining and engaging with online mining communities will allow you to communicate with other successful ESG-savvy mining enterprises. Hearing advice and success stories from your peers will help you develop a strategy for implementing ESG best practices. – Sheraz Ahmed, STORM Partners

Invest in energy-efficient mining equipment and renewable energy

Prioritize energy efficiency and utilize renewable energy sources. By investing in energy-efficient mining equipment, optimizing mining operations and tapping into solar, wind or hydroelectric power, mining companies can significantly reduce their carbon footprint and contribute to a more sustainable crypto ecosystem, thereby appealing to environmentally conscious stakeholders. – Tomer Warschauer Nuni, Kryptomon

Look for opportunities to leverage otherwise wasted energy

Use renewable energy if possible. Or if not, use only excess energy that would otherwise have gone to waste. For example, if a power plant is just idling, it is still burning fuel, but the energy being generated is not being used. If you can find opportunities to put otherwise wasted energy to good use for mining, then that’s a good thing. – Zain Jaffer, Zain Ventures

Prioritize transparency and accountability

For crypto mining companies focusing on ESG practices, prioritizing transparency and accountability is key. Providing clear information on your environmental impact, energy consumption and carbon reduction efforts builds trust. Engaging stakeholders fosters positive social impact and addresses concerns. – Arvin Khamseh, SOLDOUT NFTs

Join the community where you can transform the future. Cointelegraph Innovation Circle brings blockchain technology leaders together to connect, collaborate and publish. Apply today

Use blockchain-based emissions reports

An important tip for crypto mining companies is to implement ESG practices using blockchain-based emission reports. These reports offer standardized carbon footprint metrics as communal governance and granular data to help ESG managers decarbonize the mining process. – Vinita Rathi, Systango

Collaborate with local stakeholders for green energy contracts

To stand out in the crypto space, mining companies must embrace ESG by prioritizing energy efficiency and renewable energy sourcing. Innovate with cutting-edge mining tech, smart cooling solutions, and waste heat utilization while collaborating with local stakeholders for green energy contracts. Elevate your brand, attract eco-conscious investors and lead the charge toward a sustainable crypto future. – Jagdeep Sidhu, Syscoin Foundation

Be conscious of the consumption associated with PoW mining

Mining operations should prioritize the utilization of renewable energy sources. The energy consumption associated with cryptocurrency mining, especially for proof-of-work-based cryptocurrencies such as Bitcoin, can be significant and contribute to a substantial carbon footprint. – Theo Sastre-Garau, NFTevening

Make positive contributions to offset your energy usage

Find ways to make the mining process more sustainable, such as by using renewable energy resources or making positive environmental contributions that offset your energy usage. One way this could be done is by donating a percentage of each transaction fee to an environmental organization in order to offset emissions. – Anthony Georgiades, Pastel Network

This article was published through Cointelegraph Innovation Circle, a vetted organization of senior executives and experts in the blockchain technology industry who are building the future through the power of connections, collaboration and thought leadership. Opinions expressed do not necessarily reflect those of Cointelegraph.

Learn more about Cointelegraph Innovation Circle and see if you qualify to join.

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  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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