The Bitcoin Mining Council, Saylor, And Musk: What Transpired In The Meeting?

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The jury is still out on whether that meeting between the two gazillionaires and “the leading Bitcoin miners in North America” was positive or nefarious. Part of the Bitcoin community interpreted it as a shrewd PR move and supported the Bitcoin Mining Council. The others smell centralization, are suspicious of closed-door meetings and rejected it. However, what do we really know about the meeting? Not much. So, let’s explore the case further. It all started with these dual tweets: Yesterday I was pleased to host a meeting between @elonmusk & 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. https://t.co/EHgLZ9zvDK — Michael Saylor (@michael_saylor) May 24, 2021 Of course, Bitcoinist was on the case and promptly expanded the information about the Council. The meeting was between MicroStrategy’s Saylor, Tesla’s Musk, and: Executives…

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