What is NRG Bloom's core mission?
Accelerating the transition to renewable energy by combining it with Bitcoin mining operations. We believe that proof-of-work blockchain technologies can foster renewable energy infrastructure development in undeveloped countries in rural areas, promoting environmental sustainability and economic efficiency.
Our Core Mission
Supporting African Communities
We are dedicated to assisting African communities impacted by gas flaring from oil and gas companies. Gas flaring negatively affects these communities by harming health, contaminating water sources, and damaging agriculture. These communities, often impoverished due to limited revenue streams, can greatly benefit from our initiatives. By utilizing Bitcoin mining, we aim to reduce gas flaring, and monetize this otherwise wasted resource, thereby fostering significant economic development. Additionally, we are committed to bringing comprehensive data technician training programs to these areas, which will create local jobs and support the maintenance of our mining operations. Our efforts not only improve local economies but also enhance the quality of life for residents.
Decentralizing the Bitcoin Network
Decentralization is a fundamental aspect of Bitcoin's network, contributing to its uniqueness as a financial asset. The centralization of hash rate among large mining companies can destabilize the network. We are committed to promoting the decentralization of Bitcoin's hash rate, ensuring a balanced and robust network.
