Platts updates the Renewable Energy Certificates in the Renewable Bitcoin Quarq Spread indices for all US regions

Platts, part of S&P Global Commodity Insights, has updated the Renewable Energy Certificate (REC) assessments utilized in the calculation of the Renewable Bitcoin Quarq Spread indices for all US regions effective Oct. 17, following the discontinuation of several US REC assessments.

Information on the discontinuation of several US REC assessments can be found at the link here.

The cost of relevant RECs are subtracted from the Bitcoin Quarq spreads published by Platts, to calculate the mining profitability using renewable electricity.

The Renewable Bitcoin Quarq Spreads symbols impacted are:

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