{"id":44437,"date":"2021-06-16T13:08:34","date_gmt":"2021-06-16T10:08:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44437"},"modified":"2025-08-31T16:59:54","modified_gmt":"2025-08-31T13:59:54","slug":"tesla-proposed-to-resume-accepting-bitcoin-payments-condition-met","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/tesla-proposed-to-resume-accepting-bitcoin-payments-condition-met\/","title":{"rendered":"Tesla proposed to resume accepting Bitcoin payments \u2014 condition met"},"content":{"rendered":"<p>As a result of the latest restrictive measures by Chinese authorities against mining, more than half of Bitcoin&#8217;s hashrate is generated from renewable energy, according to Jiang Zhuoer, founder and CEO of BTC.TOP pool.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Now all the mining facilities in Xinjiang, Inner Mongolia and Qinghai provinces have been shut down, only hydropower mining farms in Sichuan are left. Currently the clean energy usage by <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> miners \u26cf\ufe0falready exceeds 50%. \ud83d\ude01 <a href=\"https:\/\/t.co\/3jeFSXxy0R\">https:\/\/t.co\/3jeFSXxy0R<\/a><\/p>\n<p>\u2014 Jiang Zhuoer BTC.TOP (@JiangZhuoer) <a href=\"https:\/\/twitter.com\/JiangZhuoer\/status\/1405003649764495366?ref_src=twsrc%5Etfw\">June 16, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In response to <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-rises-12-on-the-back-of-elon-musks-latest-tweet\">the statement<\/a> by Tesla CEO Elon Musk that the company would resume cryptocurrency operations once it received confirmation that miners&#8217; consumption has reached 50% clean energy, Zhuoer wrote:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abAll mining facilities in the provinces <a href=\"https:\/\/u1f987.com\/en\/news\/xinjiang-residents-of-one-of-the-largest-mining-hubs-ordered-to-halt-operations\">Xinjiang<\/a>, <a href=\"https:\/\/u1f987.com\/en\/news\/inner-mongolia-authorities-launch-crackdown-on-illegal-cryptocurrency-mining\">Inner Mongolia<\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/authorities-in-chinas-qinghai-province-order-miners-to-halt-operations\">Qinghai<\/a> are shut down, leaving only hydropower mining farms in Sichuan. Currently, clean-energy usage for Bitcoin mining already exceeds 50%\u00bb.<\/p>\n<\/blockquote>\n<p>Tesla <a href=\"https:\/\/u1f987.com\/en\/news\/tesla-halts-bitcoin-car-sales-and-roils-the-market\">stated<\/a> that it paused accepting Bitcoin as payment for cars in May, explaining this was due to concerns about the environmental impact of mining the asset.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abWe are concerned about the rapid increase in the use of fossil fuels for Bitcoin mining and transactions, particularly coal, which has the worst emissions among all fuels\u00bb, the statement said.<\/p>\n<\/blockquote>\n<p>Later that month Musk <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-discusses-prospects-for-green-bitcoin-mining-with-miners\">met<\/a> with representatives of North American mining companies to discuss prospects for using \u201cgreen energy\u201d in the industry. The meeting was organised by MicroStrategy CEO Michael Saylor.<\/p>\n<p>Subsequently, the participants <a href=\"https:\/\/u1f987.com\/en\/news\/elon-musk-has-no-place-among-the-green-bitcoin-miners\">formed the Bitcoin Mining Council (BMC)<\/a> to implement measures to reduce the industry\u2019s greenhouse gas emissions.<\/p>\n<p>Earlier reports indicated that miners in Sichuan were given a deadline to improve operations in the region by September.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following the latest restrictive measures by Chinese authorities against mining, more than half of Bitcoin&#8217;s hashrate is generated from renewable energy, according to Jiang Zhuoer, founder and head of the BTC.TOP pool.<\/p>\n","protected":false},"author":1,"featured_media":44438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[133,1137,1259,1319],"class_list":["post-44437","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-china","tag-cryptocurrency-mining","tag-ecology","tag-tesla"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=44437"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44437\/revisions"}],"predecessor-version":[{"id":44439,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44437\/revisions\/44439"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/44438"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=44437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=44437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=44437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}