Blockchain infrastructure developer Blockstream has partnered with Macquarie Group (OTC:MQBKY), an Australian multinational investment bank, to launch a new pilot for a Bitcoin (BTC) mining facility with a mandate to explore carbon-neutral alternatives.
As part of the pilot project, Macquarie Group is investing in one of Blockstream’s enterprise-grade mining facilities, the companies announced Wednesday. This will allow Macquarie Group to uncover new opportunities in renewable energy that can be bootstrapped for more sustainable Bitcoin mining initiatives.