The Bitcoin Mining Council has released a report that confirms that 58.4% of Bitcoin mining comes from a “sustainable electricity mix.”
Elon Musk famously said that Tesla would start accepting Bitcoin when
“there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.”
Bitcoin Mining Council and Elon Musk
Musk joined a call with the council in 2021 to discuss the future of Bitcoin mining and its potential to move towards renewable energy. He stated that the result of the call was “promising.” Thus, there have been open lines of communication between the Tesla CEO and the council in the past. Whether the communication is still available is unknown, but Bitcoin investors will be keen to know if and when, Musk will again declare his support of the leading cryptocurrency.
The rationale for exploring whether Tesla will again accept Bitcoin comes from the fact that when they first made the a
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