Elon Musk Shockingly Excluded From Bitcoin Mining Council

Elon Musk Shockingly Excluded From Bitcoin Mining Council

Elon Musk Shockingly Excluded From Bitcoin Mining Council

  • The Bitcoin Mining council has been created, an organisation that will focus on the energy consumption of Bitcoin

  • Strangely, Tech billionaire Elon Musk has been excluded from the council despite playing a role in its formation

  • According to the website, Musk only played an educational role during a call with countries in North America

A few weeks ago, Billionaire Elon Musk raised concerns about the energy consumption of Bitcoin, when Tesla stopped accepting the cryptocurrency for payment.

Musk statement on Twitter triggered an epic fall of the cryptocurrency that lasted weeks.

The billionaire however claimed that a Bitcoin mining council was in the making, to monitor the energy consumption of the flagship cryptocurrency.

The Bitcoin mining council was recently launched and many are shocked to find out that Elon Musk was excluded.

Elon Musk

According to a statement on the site of the council, Musk has no role in the council and only joined on a call to discuss Bitcoin mining with them.

Crypto enthusiasts have been left surprised due to the role that Musk played in the publicity of the council.

Read also: Bitcoin, ETH, and Dogecoin Affected ByCrypto Market Loss

The council’s mission statement according to a statement on the site is to promote transparency, share mining practices and educate the crypto community about the benefits of Bitcoin and Bitcoin mining.

The mining council currently has 9 members, including Microstrategy CEO Michael Saylor, who is listed as a key member.

Michael Saylor

The website also states that any interested miner can join the council.

Follow on our social media handles FacebookInstagram, and Twitter to keep up with trending news, breaking news, entertainment news.

Show More

Related Articles

Back to top button