Money
Bitcoin skyrockets after Elon Musk tweets about its “promising potential”
Elon Musk has confirmed he has spoken with Bitcoin Miners in North America.
In a tweet the Tesla CEO says Miners are committed to publish current and planned renewable usage
The Tesla boss also stated miners in North America would also ask other miners worldwide to do the same.
The Billionaire entrepreneur ended his tweet and stated the future of the crypto is:
“Potentially promising”
Elon Musk stated the future of greener solutions in Bitcoin are promising.
Just a few weeks ago, the Tesla boss made a huge move to suspend Bitcoin transactions at Tesla, meaning customers can no longer purchase an EV using the crypto as a payment method.
Elon sited environmental concerns for bitcoin mining as the reason for that suspension.
The price of Bitcoin jumped about 4% following Musk’s tweet, promising hope that he was having active discussions regarding the sustainability of the digital coin.
Hailed as a ‘crypto king’, Elon Musk has been a big supporter of cryptocurrencies, helping rally the prices of digital coins, including Bitcoin, several times in the past year. His tweets and comments around cryptocurrency often send the prices soaring or plunging.
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