GreenBTC.Club V1 in Review: Commitment to a Sustainable Bitcoin Ecosystem

Arkreen
4 min readJul 29, 2024

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Introduction

Since its inception, GreenBTC.Club has been dedicated to greening the Bitcoin network by leveraging renewable energy certificates (RECs) and integrating them on-chain to offset the historical carbon emissions of Bitcoin. Below is a summary of the key milestones, ATH, and significant partnerships from the beginning of this initiative.

Key Milestones and Events

April 2023

Unveiling of GreenBTC.Club by Arkreen and HashKey at Web3 Festival in Hong Kong.

November 2023

Official launch of GreenBTC Club as a ReFi dApp on the Arkreen Network at Singapore Fintech Festival.

Marth 2024

Over 20 global partners including HashKey, OKX Ventures, ReFiDAO, Waterdrip Capital, RPC, PermaDAO, PowerPod, Techub NEWS, MAP Protocol, Zetrix, B² Network, ScaleBit, Nano Labs, Hotspotty, Mask, BEVM, Hong Kong Web3.0 Standardization Association, BiHelix.

April 9th 2024

Art collaboration “Byte, Block & BlackVoid” at Web3 Festival HK, depicting Bitcoin’s carbon footprint since its genesis block.

April 21st 2024

Start of 210-day GreenBTC incentive plan, distributing 145,000 AKRE daily.

April 30th 2024

Launch of “#Bitcoin ETF Greening Initiative” in partnership with HashKey Group.

May 10th 2024

Collaboration with HashKey Group to trial boost feature on “Bosera HashKey Bitcoin ETF” Map

July 5th 2024

Tokenization of Singapore Building Carbon Credits for on-chain offset.

Key Partnership and Ecosystem

Over 20 global partners including HashKey, OKX Ventures, ReFiDAO, Waterdrip Capital, RPC, PermaDAO, PowerPod, Techub NEWS, MAP Protocol, Zetrix, B² Network, ScaleBit, Nano Labs, Hotspotty, Mask, BEVM, Hong Kong Web3.0 Standardization Association, BiHelix.

ATH (All-Time Highs)

  • 1st 10K ART: within 5 months
  • 2nd 10K ART: within 1 month
  • 3rd 10K ART: within 10 days
  • 4th 10K ART: within 5 days

July 28, 2024: Total 100 GWh Electricity Consumption On-chain Offset with 100K ART Achieved within 8 months.

Conclusion

  • On-Chain Asset Scale: Arkreen now supports over 168,000 solar green energy generation miner nodes, has issued and offset over 100,000 ART tokenized RECs on-chain.
  • Total ART On-chain Offset: 100K ART (Tokenized REC with 100 GWh)
  • Green Bitcoin Blocks: 159,453
  • On-chain Issuance Transactions: 14,507
  • On-chain Offset Transactions: 32,527
  • Total On-Chain Issuance Fee: 241,234 $AKRE
  • Total Offset Fee: 10,059 ART
  • CO2 Emissions Impact: 1881 Tons

GreenBTC.Club has made significant strides in its mission to create a sustainable Bitcoin ecosystem through innovative use of tokenized RECs on-chain offset and community-driven climate actions. With ongoing support and partnerships, the initiative is set to continue making impactful contributions to the global push for carbon neutrality in the Web3 community and embracing inclusive climate action in the age of the Network State.

About Arkreen Network

Arkreen Network is a Web3-enabled data network for globally distributed renewable energy resources connection and monetization driven by a vision of a carbon-neutral Earth. Enabled by Web3 (economics) and IoT plus Blockchain (tech), Arkreen Network aims to build up this infrastructure in a DePIN way from bottom-up by incentivizing climate actors in ReFi applications. You can learn more at www.arkreen.com

⚡️Follow Us:

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GreenBTC.Club:https://www.greenbtc.club/

Remote Miner:https://testconsole.arkreen.com/#/shop

Standard Miner Preorder:https://arkreen.com/preorder

AREC:https://arec.arkreen.com/

Document:https://docs.arkreen.com/

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Arkreen

A Web3-powered infrastructure for globally-distributed renewable energy resources, and carbon-reduction applications.