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Elon Musk Calls Recent Meeting with North American Bitcoin Miners "Potentially Promising"

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Mon, 24/05/2021 - 20:10
Elon Musk Calls Recent Meeting with North American Bitcoin Miners "Potentially Promising"
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Tesla CEO Elon Musk has just tweeted about having a meeting with the executives of North American Bitcoin mining businesses, describing them as "potentially promising." 

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They are "committed" to green energy and encourage miners around the globe to follow suit, according to Musk:

Spoke with North American Bitcoin miners. They committed to publish current & planned renewable usage & to ask miners WW to do so. Potentially promising.  

The closed-door meeting was hosted by MicroStrategy CEO Michael Saylor on May 23: 

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Yesterday I was pleased to host a meeting between and the leading Bitcoin miners in North America. The miners have agreed to form the Bitcoin Mining Council to promote energy usage transparency & accelerate sustainability initiatives worldwide.

Saylor and Musk have formed the Bitcoin Mining Council. The list of members includes Marathon Digital, which will build a carbon neutral data center, Argo, Galaxy Digital, Hut 8 Mining, HIVE, and others.    

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Earlier this month, Tesla stopped accepting Bitcoin payments due to environmental concerns. 

Bitcoin has jumped over 5 percent to an intraday high of $39,960 on the Musk tweet. 

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