As Australia’s own carbon emissions have begun to surpass the output of other major first world nations like the United States and China, the nation has proposed an ambitious plan with a distinct end goal in mind: reach Net Zero Emissions by 2050. To do so, Australia must reduce its carbon emissions by 45 percent by 2030 to keep meeting its long-term benchmark targets, but is anticipated to need the support and participation of the nation’s private sector to make it happen. Looking to help facilitate this eco-friendly change is BTC Mine Australia’s Andrew Parry, who’s implementation of renewable energy technology throughout his bustling Bitcoin mining enterprise has set the standard for other Australian businesses to follow suit, ultimately helping Parry’s native country achieve its grand plan and shift the burgeoning crypto industry toward sustainability in the process.
As the former CEO of solar panel installation company On Solar Australia, Parry’s business acumen has long been influenced by sustainable technology. Throughout the expansive operations of BTC Mine AU – which is currently developing its own 80,000-acre mining farm in New South Wales’ Hunter Valley – Parry instills this eco-efficient ethos, combining traditional battery storage with BTC Mine AU’s own technology that can release energy for the Frequency Control Ancillary Services (FCAS) to support the grid, using 20 percent of its contracted load to do so.
Rather than being restricted by traditional hamstrung storage methods, BTC Mine AU’s Zpro, Zx pro, and Z Home technologies generate record low megawatt production rates, propelling Australia toward its net-zero emission goal. Instead of waiting on other businesses to pick up the slack, BTC Mine AU operates with the idea that its very own “technology is the solution to our net zero target,” leading the way forward through its own practices.
By infusing carbon and energy efficient technologies deep into its methodology, Parry’s BTC Mine AU is paving the way toward Australia’s carbon-neutral target, helping bring the nation – and its cryptocurrency industry – toward its sustainability target in the long-run.