Michael Saylor has provided more context on the Mining Council, and hopes to combat the anti-crypto narrative with greater Bitcoin mining transparency.
MicroStrategy CEO, Michael Saylor has explained the details and thinking behind the formation of the Bitcoin Mining Council.The council was formed on May 25 after Saylor brokered a successful meeting between Elon Musk and several top North American Bitcoin mining firms. The miners involved will provide current and planned renewable usage transparency, and will lobby other mining operations across the globe to do so as wellMichael Saylor describing the formation of the Bitcoin Mining Council and @ElonMusk’s shared interest in seeing #Bitcoin succeed: pic.twitter.com/7MfODadi8p— Documenting Bitcoin (@DocumentingBTC) May 25, 2021
Speaking at the virtual Consensus 2021 conference, Saylor emphasized that the council was formed out of the need to provide greater transparency