Michael Saylor slams "misinformation" about Bitcoin's energy use

Michael Saylor slams “misinformation” about Bitcoin’s energy use

Ahead of Ethereum’s (ETH) transition to proof-of-stake, Bitcoin (BTC) maxi Michael Saylor has come out swinging against what he says is “misinformation and propaganda” about the environmental impacts around proof of work (PoW) BTC Mining. 

The MicroStrategy executive chairman, who recently stepped down as CEO, shared a lengthy post on his Twitter account on Sept. 14, detailing seven of his “high level thoughts” on BTC mining and its impact on the environment.

Given the sheer volume of misinformation & propaganda circulating lately, I thought it important to share the truth regarding #Bitcoin Mining and the Environment.https://t.co/CRkayFwDsj

— Michael Saylor⚡️ (@saylor) September 14, 2022

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One of his key arguments was against the notion that PoW BTC mining isn’t energy efficient.

Instead, Saylor claims it is the “cleanest industrial use

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