- Michael Saylor hosted a meeting with Elon Musk and Bitcoin Miners in North America.
- The meeting is to build a Bitcoin Miner Council.
- The Bitcoin miner council aims to support energy usage and transparency.
On Monday, MicroStrategy CEO Michael Saylor tweeted that he is hosting a meeting. The meeting is with Tesla CEO Elon Musk and Bitcoin miners in North America to build a Bitcoin Mining Council. Moreover, the group aims to support energy usage and transparency and accelerate sustainability initiatives worldwide.
Yesterday I was pleased to host a meeting between @elonmusk & 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. https://t.co/EHgLZ9zvDK
— Michael Saylor (@michael_saylor) May 24, 2021
In addition, Musk tweeted earlier that the group committed and planned renewable usage and asked miners worldwide to do so. Potentially promising. According to Saylor, the group included Argo Blockchain, Hive Blockchain Technologies, Blockcap, Core Scientific, Galaxy Digital, Hut 8 Mining, Marathon Digital Holdings, and Riot Blockchain.
On the other hand, emails did not immediately return Saylor’s reference to each company Monday. However, several of the firms mentioned tweeted their support for the plan. Hut 8 Mining confirmed it was part of the discussions Saylor referenced. By tweeting that, it would “educate the market that sustainable mining is possible and a priority.”
Also, Argo Blockchain CEO Peter Wall tweeted that Argo will push hard for sustainable mining and more transparency as a founding member of the Bitcoin Mining Council. While Marathon Digital Holdings Executive chairman Merrick Okamoto tweeted the company would do its part to contribute to sustainable mining and transparency.