Michael Saylor says Bitcoin Mining Council required to combat ‘hostile’ narra...
Michael Saylor has provided more context on the Mining Council, and hopes to combat the anti-crypto narrative with greater Bitcoin mining transparency. MicroStrategy CEO, Michael Saylor has explained the details and thinking behind the formation of the Bitcoin Mining Council.The council was formed on May 25 after Saylor brokered a successful meeting between Elon Musk and several top North American Bitcoin mining firms. The miners involved will provide current and planned renewable usage transparency, and will lobby other mining operations across the globe to do so as wellMichael Saylor....
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The Bitcoin Mining Council (BMC) has published its mandate, and fears of a centralized takeover of Bitcoin appear unfounded. MicroStrategy CEO Michael Saylor described it as an open forum for miners. He said the organization’s purpose is to advance Bitcoin mining transparently and educate the public. “The Bitcoin Mining Council is a voluntary and open […]
Elon Musk and Michael Saylor attended a private meeting with North American bitcoin miners to propel renewable energy use.
“This quarter we saw the trend continue with dramatic improvements to Bitcoin mining energy efficiency and sustainability,” said the Founder and CEO of MicroStrategy Michael Saylor. The percentage of the global Bitcoin mining industry running on renewable power increased by 1% to 58.5% in the fourth quarter of 2021 according to new data. The Bitcoin Mining Council (BMC) announced the findings of its fourth quarter survey on Jan. 18. The survey focused on three metrics: sustainable power mix, technological efficiency and electricity consumption. Q4 #Bitcoin Mining Council Survey Confirms....
The Bitcoin Mining Council, initially set up by influential CEOs Michael Saylor and Elon Musk, has formally debuted and seeks members.
The Bitcoin Mining Council has gone live, launching its own website detailing its members and the mission statement of the organization. The council originated as a closed organization, but they are now allowing any miner to join. While Michael Saylor gets a founding member status, the site states Elon Musk has “no role” in the council. Bitcoin Mining Council Officially Launches The Bitcoin Mining Council, an organization born out of worries regarding Bitcoin’s energy consumption, launched officially yesterday. On the website, the council presents its mission statement.....