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