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Bitcoin Mining Council unveils details, confirms Elon Musk has ‘no role’

June 11, 2021. Summarized by summa-bot.

Compression ratio: 41.7%. 1 min read.

The Bitcoin Mining Council has launched in an effort to encourage best practices and promote more sustainable and transparent mining operations.

The Bitcoin Mining Council made a formal debut on Thursday as the debate regarding the environmental impact of the digital asset intensifies.

The Bitcoin Mining Council describes itself as a “voluntary and open forum of Bitcoin miners committed to the network and its core principles”.

The Bitcoin Mining Council is a voluntary and open forum of Bitcoin miners committed to the network and its core principles.

We promote transparency, share best practices, and educate the public on the benefits of #Bitcoin and Bitcoin mining.

The organization consists of a group of energy-conscious North American Bitcoin mining companies.

The extent of his involvement was joining an educational call with a group of North American companies to discuss Bitcoin mining. ”

In addition to MicroStrategy, founding members include investment management firm Galaxy Digital, blockchain mining company Argo, blockchain technology firm Hive, and Bitcoin mining company Riot.

The founding members will cover any running costs and have invited any Bitcoin miner from anywhere around the world to join.

“We don’t seek to change the decentralized nature of Bitcoin or its core principles, but rather are working to raise awareness about Bitcoin and Bitcoin mining. ”

The latest collaboration between mining software company Luxor and institutional Bitcoin technology and financial services firm NYDIG aims to foster growth in the rapidly expanding industry.

by summa-bot

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