According to Spaas, it is therefore a mystery where Musk’s decision came to temporarily abandon bitcoin as a payment method at Tesla. “Musk uses the environmental pollution argument, but that’s nothing new of course. That argument already existed when he made the decision to buy bitcoins in February.”
“It seems the most polluting miners from 2 Chinese provinces, where mainly coal-fired power stations are, have left since this week. Greener miners seem to have taken over, both in the United States and in Europe. I can’t imagine Elon Musk doing such a thing wouldn’t know, “says Spaas.
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