Elon Musk and Bitcoin miners say they want to address crypto’s 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.
Yesterday I was pleased to host a meeting between @elonmusk & the leading…