RichMiner Pushes Green Cloud Mining Amid XRP Controversy

RichMiner has introduced an international project that advocates a green cloud mining system. It says that it uses both wind and solar energy to minimize the carbon emissions when mining cryptocurrencies. Ripple blockchain is not based on mining behind a consensus system. There are a total of 100 billion XRP tokens at launch as stated in the 2025 guide compiled by Exolix. Such inconsistency puts poor faith in the technical claims of RichMiner.

Megatrends: Regulation and ESG Trends

RichMiner pitches its plan as one that conforms to the EU Markets in Crypto-Assets (MiCA) regulation, which comes into operation in mid-2023. MiCA requires sustainability disclosures and phases out fossil-oriented crypto-mining. RichMiner promotes a green cloud mining model using renewable energy. According to BlackRock, sustainable investments in XRP crypto rose by 15 percent last year to the year 2024.

Awareness of the environmental impact of the crypto industry is increasing pressure on the industry to rectify the situation. The University of Cambridge estimated in 2024 that Bitcoin mining used more power than the Philippines. Crypto energy consumption as a global percentage was 0.5 percent in 2025 across the industry.

To 30 days, RichMiner reports returns with the best 400% to 10,000 dollars investment amounting to 4,680 dollars. Analysts caution that such propositions are likely to be Ponzi type schemes especially when applied to digital assets such as XRP which is not mineable.