Bitcoin (BTC) Mining Facility Named by Elon Musk Announces Big Change!steemCreated with Sketch.

in Daily Crypto Updates3 years ago

The #Bitcoin #facility, criticized by Elon Musk, is changing.

#Elon #Musk emphasized that the leading crypto currency Bitcoin (BTC) is not environmentally friendly, especially due to fossil fuel consumption. After this emphasis of Musk and his statement that #Tesla would no longer accept BTC payments, BTC suffered a serious decline.

🚨Bitcoin Facility Criticized by Elon Musk is Changing
Responding to the response of MicroStrategy CEO Michael Saylor on this issue, Musk may have indirectly led to the change of this facility by citing a specific Bitcoin mining facility. According to the information reported by Reuters, Greenidge Generation Holdings, which is also targeted by Elon Musk, is preparing for a big change.

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The fossil fuel-based Bitcoin mining facility said in a statement today that it will be mining Bitcoin with non-carbon fuels and energy from June 1, 2021. The company had previously mined Bitcoin with coal-based energy and updated it to natural gas in 2017.

🚨Greenidge Will Reduce Carbon Emissions
#Greenidge stated that, within the scope of this initiative, they will do carbon offsetting and implement everything in their power to reduce carbon emissions. This Bitcoin #mining #facility, which Elon Musk put forward as a single example, may have actually put Musk in a difficult situation with his new step.

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