After PayPal's stonewall censorship of bitcoin throughout the entire last decade and actively conspiring to deplatform bitcoin and crypto users, I'm not going to trust any kind of "blockchain" tech they put out.

Sounds retarded.

Maybe they can first focus on actually making it possible to withdraw bitcoin from their app, instead of throwing errors and having customer support belittle customers and refuse to help. Seems more useful and practical.

Lol so where does the premium/yield come from? Some subsidiary buying bitcoin first to fund the pool? Seems pretty unsustainable to me, if you can't compete you can try to cheat, but all miners who thought they could beat the system get rekt..

Eventually though, how can you really tell that they are being green. They could be using a green source for 1%, and the other 99% is coal power. Is that good enough for their reward system? People will always game the system.

Makes little sense to me. Where are the proposed rewards going to come from? Who is paying for these incentives?

It even goes on to acknowledge how Bitcoin mining is relatively 'green' compared to other industries, so clearly the built-in incentives are already effective. Why do we need this?