The Bitcoin Mining Council, Saylor, And Musk: What Transpired In The Meeting?
The jury is still out on whether that meeting between the two gazillionaires and “the leading Bitcoin miners in North America” was positive or nefarious. Part of the Bitcoin community interpreted it as a shrewd PR move and supported the Bitcoin Mining Council. The others smell centralization, are suspicious of closed-door meetings and rejected it. […]
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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....
Elon Musk and Michael Saylor attended a private meeting with North American bitcoin miners to propel renewable energy use.
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.....
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned renewable usage. The meeting was hosted by Microstrategy CEO Michael Saylor. Elon Musk and Michael Saylor Say Miners Have Agreed to Form Bitcoin Mining Council The Technoking of Tesla, Elon Musk, announced on Twitter Monday that he has spoken with bitcoin miners. He wrote: Spoke with North American bitcoin....
After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door meetings with North American bitcoin miners. Bitcoin Mining Council Brings Back Memories of Notorious Hong Kong and New York Agreements On Monday, Elon Musk told his Twitter followers that he recently spoke with North American bitcoin miners, as he said they are “committed” to....