Elon Musk says Tesla will resume Bitcoin acceptance if majority of miners go ‘green’ PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Elon Musk spune că Tesla va relua acceptarea Bitcoin dacă majoritatea minerilor devin „verzi”

Elon Musk says Tesla will resume Bitcoin acceptance if majority of miners go ‘green’ PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Elon Musk, the CEO of electric carmaker Tesla, said today the company will reaccept Bitcoin payments for its cars provided the majority of miners use renewable sources to run their farms.

“When there’s confirmation of reasonable (~50%) clean energy usage by miners with a positive future trend, Tesla will resume allowing Bitcoin transactions,” said Musk in a tweet.

The firm started accepting Bitcoin as a payment method for its vehicles earlier this year, but just weeks later, said it would cease the service due to the ‘ecological impact’ of using Bitcoin.

Musk also refuted a statement made by Sygnia CEO Magda Wierzycka that claimed he used his position and influence to ‘manipulate’ the prices of Bitcoin.

“Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving the market,” said Musk, shooting down such rumors (the market did, however, move ever since he announced this last month).

Bitcoin, mining, and the environment

Minerit, pentru cei neinițiați, utilizează un sistem de calcul masiv care rezolvă milioane de calcule complexe în fiecare secundă pentru a valida tranzacțiile din rețeaua Bitcoin (un proces cunoscut sub numele de „dovada muncii”).

Acest lucru necesită totuși cantități masive de energie pentru întreținerea, răcirea, funcționarea mașinilor. Dar unii spun că, deoarece sursa acestui lucru provine de la producătorii de energie alimentați cu cărbune și combustibili fosili, ea lasă în urmă o amprentă mare de carbon pentru un beneficiu aparent mic pentru lume.

Cele de mai sus a devenit oarecum a PR issue for companies, especially as becoming carbon-neutral and mergând verde has turned into a big narrative for corporations. But the alleged environmental impact of Bitcoin mining somehow goes against this initiative. 

Miners, on the other hand, say most farms are run by renewable sources of energy—such as hydroelectric or wind—or even uncanny sources like gas flares and cow manure.

There’s then El Salvador, a Central American country that legalized Bitcoin last week, which has put plans in place to mine Bitcoin via the geothermal energy produced from volcanoes.

Meanwhile, some miner groups are already colluding to self-regulate and make the activity a ‘greener’ one. As CryptoSlate raportate last month, top North American miners, Bitcoin firms, and even Tesla CEO Elon Musk formed the so-called ‘Consiliul minier Bitcoin,’ a consortium of stakeholders with one goal: To use renewable, or waste energy, sources to mine Bitcoin and theoretically cut down on the supposed climate problem.

“Potentially promising,” tweeted Musk in the regard at the time. But for now, the criticism goes on.

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Source: https://cryptoslate.com/elon-musk-says-tesla-will-resume-bitcoin-acceptance-if-majority-of-miners-go-green/

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