Jump to content

North American Bitcoin Miners Meet Elon Musk - Piracy News and Crypto Updates - InviteHawk - Your Only Source for Free Torrent Invites

Buy, Sell, Trade or Find Free Torrent Invites for Private Torrent Trackers Such As redacted, blutopia, losslessclub, femdomcult, filelist, Chdbits, Uhdbits, empornium, iptorrents, hdbits, gazellegames, animebytes, privatehd, myspleen, torrentleech, morethantv, bibliotik, alpharatio, blady, passthepopcorn, brokenstones, pornbay, cgpeers, cinemageddon, broadcasthenet, learnbits, torrentseeds, beyondhd, cinemaz, u2.dmhy, Karagarga, PTerclub, Nyaa.si, Polishtracker etc.

North American Bitcoin Miners Meet Elon Musk


Recommended Posts

Bitcoin energy usage FUD has been on the rise for the last few weeks. Elon Musk, CEO of Tesla, criticized Bitcoin recently for the usage of energy and called BTC a highly centralized cryptocurrency. However, China’s recent announcement of a crackdown on BTC miners in the country and crypto restrictions have opened a new door for the crypto mining industry in North America.

According to a Tweet on Monday, Musk met executives of leading Bitcoin mining firms in North America and discussed sustainability and energy usage transparency during the meeting. “Spoke with North American Bitcoin miners. They are committed to publishing current & planned renewable usage. Potentially promising,” Musk tweeted.

Looking Forward to Meeting You at iFX EXPO Dubai May 2021 – Making It Happen!

Michael Saylor, CEO of the US-based business intelligence firm, MicroStrategy, hosted the meeting. Saylor expressed his optimism regarding a transparent and standardized reporting of Bitcoin energy usage.

Suggested articles

Borussia Dortmund Secures its Place in the Champions League!Go to article >>

“Yesterday I was pleased to host a meeting between Elon Musk & 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. Leading executives were present & decided to establish an organization to standardize energy reporting, pursue industry ESG goals, & grow the marketplace,” Saylor said.

Bitcoin Energy Usage FUD

Earlier this month, Tesla announced the suspension of Bitcoin payments citing environmental concerns. The world’s largest cryptocurrency took a major hit and dropped significantly in the following days. The latest announcement of a potential crackdown on Bitcoin mining facilities in China by the government caused a crash in BTC and other digital currencies. Chinese BTC miners expressed uncertainty due to the recent action by the government and that provided North American crypto miners an opportunity to take a lead in the global crypto mining industry.

“Eventually, China will lose crypto computing power to foreign markets (including North America and Europe),” Jiang Zhuoer, Founder of China’s crypto mining company BTC.TOP, mentioned in a blog post on Weibo.

Link to comment
Share on other sites

Avoid unnecessary posts such as 'Thank you', 'Welcome', etc. Such posts will be deleted and user will be warned if it happens again. If caught spamming, the following actions are applicable -

  • First time - Warning
  • Second time - 5000 Points will be deducted
  • Third time - Ban for 7 days
  • Fourth time - Permanent Ban

If the post helped you, reward the user by reacting to the post like this -

1.jpg

Link to comment
Share on other sites

The last post in this topic was made more than 14 days ago. Only post in this topic if you have something valuable to add. Irrelevant posts are not allowed and you will be warned/banned for spamming old topics.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Read this before posting -
  • Only post if you have something valuable to contribute.
  • Avoid unnecessary posts such as 'Thank you', 'Welcome', etc. Such posts will be deleted and you will be warned if it happens again.
  • If the post helped you, reward the user by reacting to the post like this -                      1.jpg
Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Customer Reviews

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.