Spoke with North American Bitcoin miners. They committed to publish current & planned renewable usage & to ask miners WW to do so. Potentially promising.
— Elon Musk (@elonmusk) May 24, 2021
“I spoke to the North American bitcoin miners,” Musk wrote on Twitter. – They intend to report on the current and planned use of renewable sources and ask miners around the world to do the same. Potentially promising. ”
The meeting was organized by Michael Saylor, CEO of MicroStrategy. It was held in a closed format on May 23. Sailor said it was attended by representatives from companies such as Argo, BLOCKCAP, Core Scientific, Galaxy Digital, HIVE, Hut 8, Marathon and Riot.
“Miners have agreed to form a Bitcoin Mining Council to promote transparency in energy use and accelerate sustainability initiatives around the world,” Sailor wrote. The organization will develop reporting standards for energy consumption in the mining industry, pursue environmental goals, and focus on education and market expansion, he added.
Bitcoin reacted positively to Musk’s message today and rallied quickly. Earlier, Tesla CEO provoked a rapid decline in the price of cryptocurrency by announcing that the company will no longer accept Bitcoin due to concerns about the environmental friendliness of its mining.
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