- 23 Dezember 2017
- 1.485
- 440
@TonY417, "ESG Strategy- Bitcoin Mining Council, Michael Saylor and Elon Musk Meeting Recently there has been substantial volatility due to Elon Musk’s pronouncements and then China’s shut down in Crypto mining. It is great news for the global economy that China is shutting down mining which is mostly from coal generated electricity. Frank Holmes, Executive Chairman said “It was great to participate in the special meeting held on Sunday May 23, 2021 championed by Michael Saylor and special guest Elon Musk along with CEO’s from many of the largest crypto mining companies.” “The meeting was productive and the bottom line is we agreed to establish a Bitcoin Mining Council to promote education, transparency on sources of energy and accountability for sustainable mining. Further this new organization will strive to standardize energy reporting and set a high bar for ESG standards of care. We believe there is a major macro shift happening and crypto mining is shifting to North America and Europe where executives are more serious and responsible about lowering their carbon footprint. I was proud that not only were we the first public crypto mining company in 2017 but that we have always had an ESG strategy and a focus on only mining with green energy. Finally I was pleased to see other CEO’s agree to our goals and would like to thank Michael Saylor for his stewardship and Elon Musk for his ideas and candor.”2