Bitcoin News

Story: Bitcoin Mining Council meeting June 16 at 8pm (EDT)

By Steven Anderson

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Micheal Saylor Expressed:  We welcome all to join our Bitcoin Mining Council meeting tomorrow (Wednesday 8pm EDT).

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Community were like:  1.When will Bitcoin mining’s use of renewable energy reach 50%+ usage. 2.

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Open door meeting this time, that's the way. Interactive or presentation? When are we meeting Tether’s auditors?

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Not really. I think bitcoiners need some sort of good lobbying. Think positive. What do you guys think about the usage of volcanos for green Bitcoin mining? Is it possible?

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Is there a limit to mining? What are members doing to contribute to or implement things like better hash/Stratum v2 and P2Pool to improve the robustness of actual hash power…

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What are the thoughts from miners moving operations to the US, especially Texas with its abundance of clean energy?

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How does BTC plan to characterize itself? I think it should concentrate on being a store of value- accentuate those qualities in its code and platform- and not on competing…

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Are there any plans to decrease the ASIC manufacturing dependency from China manufacturers moving forward?

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Will this mining council suggest and possibly lobby/fund the implementation of BIPs? If yes do you limit your "mission" just to environmental impact of mining or do you want to…

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Can you please discuss strategies for procurement of renewable energy for Bitcoin mining? Will there be onsite renewable plus energy storage? Will miners procure RECs?

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Who decided who is on this council? Sounds centralized to me.  Will Bitcoin miners issue RFPs for procurement of renewable resources to power their facilities?

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How do the members of the group determine the definition of green energy? What is the total energy used by each member of the group?

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Will BTC move away from PoW because 63 million tons of CO2 annually, before you say it’s all green renewable energy couldn’t that energy be used for better use cases?

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Outlook of US Bitcoin miners vs. Chinese mining dependency. When will the hash rate flip from more than 3/4 being mined in China to other countries?

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When is an American manufacturer going to create a bitcoin mining device that can compete against Bitmain and other china made products? And why hasn’t it already been done?

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