After loud statements about the refusal to accept Bitcoin due to environmental damage, Elon Musk decided to improveecological reputation of the first cryptocurrency.
Over the weekend, Tesla's CEO met with representatives of "leading North American mining companies." Michael Saylor served as the event's host.
During the meeting it was decided to createBitcoin Mining Council. The council will monitor the carbon footprint and promote the use of renewable energy to mine the first cryptocurrency.
Elon Musk discussed energy costs with the leaders of Argo Blockchain, Blockcap, Core Scientific, Galaxy Digital, HIVE Blockchain, Hut8 Mining, Marathon and Riot Blockchain.
The initiative did not resonate with all miners.For example, Bitcoin veteran Marshal Long noted that Musk spoke with representatives of the low-level industry. His interlocutors control only a small percentage of the hash rate and do not affect the market. In his opinion, such negotiations should be conducted with large mining pools that control at least 15% of the hash rate.
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