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Elon Musk created a bitcoin council and is supporting the cryptocurrency again

It seems that Tesla and SpaceX CEO Elon Musk is back to the bitcoin community, this is what his and MicroStrategy CEO Michael Saylor tweets show.

Elon Musk created a bitcoin council and is supporting the cryptocurrency again

Elon Musk created a bitcoin council and is supporting the cryptocurrency again

Elon Musk tweeted on Monday (24) that he spoke with North American Bitcoin miners, and it seems that they committed to publish current & planned renewable usage.

After he revealed that, it was the time for MicroStrategy CEO Michael Saylor to give is show:

“Yesterday I was pleased to host a meeting between @elonmusk [Elon Musk] & 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.”, he said

Michael Saylor tweet reveals to us that he and Elon led a meeting between bitcoin miners in North America and they are creating a mining council, which would probably set the norms for clean and efficient bitcoin mining.

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This could lead Tesla to accept bitcoin payments again, because the cryptocurrency would be more environmental friendly, and according to Musk, that is the reason why Tesla stopped to accept it, even though some researchs show that banks and gold consume twice as much energy as Bitcoin and 75% of bitcoin mining is done with renewable energy.

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  1. Pingback: ‘Tweets’ from Elon Musk are displeasing the SEC and Musk gets notified - Digest Time
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