Tesla CEO Elon Musk has spoken with North American bitcoin miners and has committed to forming the Bitcoin Mining Council “to promote energy use transparency and accelerate sustainability initiatives around the world”. They have also agreed to publish their Current and Planned Renewable Use. The meeting was hosted by Michael Saylor, CEO of MicroStrategy.
Elon Musk and Michael Sayler say miners have agreed to form Bitcoin Mining Council
Technoking Tesla’s Elon Musk announced on Twitter on Monday that he had spoken with bitcoin miners. She wrote:
Talked with North American bitcoin miners. They are committed to publishing current and planned renewable use and asking miners worldwide to do the same. Potentially promising.
Microstory CEO Michael Saylor immediately explained by tweeting:
Yesterday I was pleased to host a meeting between Elon Musk and the leading bitcoin miners in North America. The miners have agreed to form the Bitcoin Mining Council to promote energy use transparency and accelerate sustainability initiatives around the world.
Sayler said the meeting included officials from Argo Blockchain, Blockcap, Core Scientific, Galaxy Digital, Hive Blockchain, Hut 8 Mining, Marathon and Riot Blockchain.
According to the Microstrategy CEO, the executives present at the meeting have decided to “standardize energy reporting, pursue industry ESG goals, and set up an organization to educate and develop the market.”
What do you think of Elon Musk convincing bitcoin miners to form a council to promote the use of renewable energy? Let us know in the comments section below.
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