Bitcoin Mining Council (BMC) is an ‘open discussion board’ of miners, with a mandate of selling transparency, good practices, and spreading consciousness about Bitcoin and mining the cryptocurrency. The tip recreation is to attempt to mitigate the impression of mining on the atmosphere by selling using renewable power.
Elon Musk, who had introduced the formation of BMC together with MicroStrategy CEO Michael Saylor in Could, doesn’t discover a seat on the desk.
“Elon Musk has no position on the BMC. The extent of his involvement was becoming a member of an academic name with a bunch of North American firms to debate Bitcoin mining,” mentioned BMC in a press release.
The council consists of enterprise intelligence supplier MicroStrategy, funding administration agency Galaxy Digital, blockchain mining firm Argo, know-how agency Hive, and mining firm Riot.