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May 24, 2021 09:54 pm

Elon Musk and Bitcoin miners say they want to address cryptos sustainability problem





Illustration by Alex Castro / The Verge



MicroStrategy CEO Michael Saylor tweeted Monday that after a weekend meeting with Tesla CEO Elon Musk and “leading Bitcoin miners in North America,” the group has agreed to form a Bitcoin Mining Council, “to promote energy usage transparency [and] accelerate sustainability initiatives worldwide.”


Musk tweeted earlier in the day that the group “committed to publish current & planned renewable usage & to ask miners WW to do so. Potentially promising.” According to Saylor, the group included representatives from Argo Blockchain, Blockcap, Core Scientific, Galaxy Digital, Hive Blockchain Technologies, Hut 8 Mining, Marathon Digital Holdings, and Riot Blockchain.






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Original Link: https://www.theverge.com/2021/5/24/22451900/elon-musk-bitcoin-miners-council-sustainability

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