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home / news releases / RIOT - Bitcoin is falling again with 'Mining Council' opening to very mixed reviews

RIOT - Bitcoin is falling again with 'Mining Council' opening to very mixed reviews

Riot Blockchain Inc
The idea of a self-appointed Bitcoin Mining Council to oversee whether miners can please the green crowd is rat poison squared to much of the Bitcoin (BTC-USD) community. The plan reeks of "centralization," which is the polar opposite of Bitcoin's appeal."Letting ESG dictate how Bitcoin companies act will eventually lead to attempts to control how Bitcoin acts," tweets Marty Bent. "The bitcoin mining industry has no obligation to appease Elon Musk (TSLA) and other hysterical hypocrites." Bent has been around long enough to remember another closed-door meeting of community "leaders" in 2017 that led to the failed New York Agreement on scaling.Not so fast, Council member and Argo Blockchain (ARBKF) CEO Peter Wall tells Coindesk. "This isn't the start of OPEC ... We’re not talking about Bitcoin code or block size or anything related to changing the nature of Bitcoin ... We all love Bitcoin the way it is, as a

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Bitcoin is falling again with 'Mining Council' opening to very mixed reviews
Stock Information
Company Name: Riot Blockchain Inc
Stock Symbol: RIOT
Market: NASDAQ
Website: riotblockchain.com
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