HIVE Announces 10 MW Expansion of Green Energy GPU Data Centre in Sweden, HODL and ESG Update streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021. VANCOUVER
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May 25, 2021 05:01 GMTCrypto News
A group of industry leaders in the cryptocurrency space has formed a Bitcoin Mining Council to promote energy usage transparency.
Elon Musk and Michael Saylor brought together the new industry group to pursue environmental, social, and corporate governance goals concerning mining the leading digital asset.
This comes at a time when China has once again banned Bitcoin and mining activities.
While China has extended its crackdown on cryptocurrencies, MicroStrategy CEO Michael Saylor and Elon Musk have revealed plans to establish a new council focused on Bitcoin mining.
North America to take the lead in Bitcoin mining
Tesla CEO Elon Musk announced in a Tweet, indicating that he spoke with Bitcoin miners based in North America. The meeting outlined a plan for renewable energy usage and disclosing their current methods of obtaining renewable power. According to Musk, the miners also urged others in the industry to do the same.