If bitcoin has a reasonable clean energy usage of 50% or more, Tesla will again accept bitcoin payments. That was Elon Musk’s promise in June 2021. A recent Bitcoin Mining Council report published in Q4 2022 highlighted a sustainable energy mix at 58.9%. Which leads the crypto community to put pressure on the boss of Tesla.
Bitcoin more and more eco-friendly
Elon Musk has never been a crypto-skeptic. Unlike Peter Schiff, Warren Buffett and others, he has always had a soft spot for Dogecoin, ether and bitcoin. This is the reason why he gave his approval to accept the queen of cryptocurrencies as a means of payment against Tesla products and services in February 2021. Let’s also not forget that the electric car manufacturer also has assets in bitcoins.
Except that the eco-friendly multi-billionaire removed bitcoin from its list of payment methods three months later. After that came the company-owned BTC sellout rounds.
” Elon Musk said Tesla will resume bitcoin payments when mining is ~50% sustainable.
The Bitcoin Mining Council found that Bitcoin mining now has a sustainable energy mix of 58.9%.
Elon, when will bitcoin payments resume? »
Watcher Guruwho made a brief summary of the recent report from the Bitcoin Mining Council, highlighted the following data:
- the sustainable energy mix of Bitcoin has seen a rise of 58.9%;
- hash rate also increased by 45% YoY on the 4e quarter of 2022, an improvement of 16%.
Musk’s long-awaited response
Remembering Elon Musk’s tweet dated June 2021, bitcoiners are back on the attack. Many are commenting on the publication of Bitcoin Magazine, awaiting confirmation of the date by the CEO of Twitter.
At the time of writing this article, the latter has not yet commented on the subject.
Since taking over as head of Twitter, Elon Musk has promised great upheavals in the digital world. A fan of decentralization, he has not ruled out accepting cryptocurrencies, including DOGE, as a means of payment on his social network. Getting paid in bitcoins in exchange for electric cars is a possibility not to be ruled out anytime soon.
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