Elon Musk on Tuesday said that he has talked with Bitcoin miners in North America to indicate support for what he says is an effort by miners to make their operations greener. Musk tweeted that he held a call with North American miners on Sunday to discuss energy usage transparency. Spoke with North American Bitcoin miners. — Elon Musk (@elonmusk) May 24, 2021Two weeks ago, Musk had announced that Tesla Inc. wouldn’t accept Bitcoin for cars because of its energy-intensive proof-of-transaction process. Musk’s tweet criticizing the energy usage sent Bitcoin tumbling the most in years, wiping more than $500 billion from its market value.

Source: Mint May 25, 2021 00:11 UTC