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North America is about to establish a bitcoin miners committee



This morning, Michael Saylor, CEO of North American mining company MicroStrategy, said that he hosted a meeting between Tesla CEO Elon Musk and North American Bitcoin miners. The miners agreed to form a Bitcoin mining committee to improve energy use. transparency and accelerate global sustainable development initiatives. It is reported that North American Bitcoin miners will publish data on renewable energy use.

Executives from eight institutions present at the conference, including executives from Argo Blockchain, Blockcap, Core Scientific, Galaxy Digital, Hive Blockchain, Hut 8 Mining, Marathon Digital Holdings, and others, decided to form an organization to make energy-consuming Disclosures are standardized and seek to meet environmental, social and governance (ESG) objectives.

Report: Cryptocurrency scams are the second-highest risk type of scam in North America after employment scams: Cryptocurrency-related scams are the second-highest risk in North America, according to a report from the US nonprofit Better Business Bureau (BBB) Type of scam, second only to employment-related scams. According to the report, crypto scams defrauded victims of an average of $3,000 in 2019. However, it appears that either most cases of crypto scams go unreported, or most North American scams go unseen, with the BBB reporting 9,050 scams from fraudulent online shopping sites in 2019, compared to 273 crypto-related scams during the same period. (Cryptonews) [2020/3/10]

Saylor tweeted: "I was delighted to have a meeting between Elon Musk and the leading Bitcoin miners in North America yesterday. The miners have agreed to form a Bitcoin Mining Council to increase transparency of energy use and accelerate global adoption sustainable development plan within the

Dynamic | Data: Nearly 70 crypto hedge funds have closed down this year, 75% of which come from North America and Europe: With the withdrawal of institutional investors, nearly 70 crypto hedge funds have closed down this year, these funds are mainly for pension funds and family financial management Institutional investors such as chambers. According to Crypto Fund Research, the number of new funds launched this year is less than half that of 2018. In terms of regions, North America saw the highest number of crypto fund closures this year at 28, followed by Europe (23), Asia Pacific (14) and other regions (3). (The Block)[2019/12/5]

Saylor also said the new industry group is committed to pursuing broad environmental, social and corporate governance goals related to bitcoin mining and educating the market on how mining works.

News | California mining company Plouton Mining plans to build North America's largest solar-powered bitcoin mine: According to cointelegraph, California-based mining company Plouton Mining confirmed in a press release that it will build the largest solar-powered bitcoin mine in North America. Plouton, a subsidiary of Plouton Group Holding, plans to enter into an agreement with the local utility provider to ensure low-cost electricity supply for the remainder of the year. [2019/6/25]

Elon Musk, who first posted the news, said: "[I] spoke to North American Bitcoin miners. They promised to publish current and planned renewable energy usage and will ask global miners to do the same. Very interesting. future."

At the time of the announcement, the price of Bitcoin appeared to have risen significantly. BTC reached an intraday high of $39,960, reversing earlier losses.

Tesla's decision to stop accepting bitcoin payments due to environmental concerns may have contributed to bitcoin's worst ever drop. From peak to trough, the global digital asset plummeted 54%, eventually hitting lows below $30,000 before recovering. The cryptocurrency community also strongly condemned Musk's use of senior influence to allegedly manipulate currency prices.

While misconceptions about the negative environmental impact of bitcoin mining are nothing new, recent headlines about China’s crackdown on crypto miners due to environmental concerns have weighed on investor sentiment. Several major Chinese bitcoin mining companies have ended operations in the country and relocated to more desirable jurisdictions.


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