Musk, Saylor Announce Bitcoin Mining Council

Influential CEOs Elon Musk and Michael Saylor have announced that they held a closed meeting with Bitcoin mining firms based in North America that plan to launch a group called the Bitcoin Mining Council which will provide transparency around the types of energy used in the practice and propel it toward more renewable sources.

“Yesterday I was pleased to host a meeting between Elon Musk and the leading Bitcoin miners in North America,” tweeted Saylor, CEO of software intelligence firm MicroStrategy and a strong proponent of Bitcoin. “The miners have agreed to form the Bitcoin Mining Council to promote energy usage transparency and accelerate sustainability initiatives worldwide.”

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