And here's the reason behind the BTC energy tweet. Musk wants in on renewable energy credit market " U.S. refining industry who would need to buy the credits, known as RINs, generated by Tesla"

Yes but to be honest this is a good thing. Take money away from non renewable industry and give it to the renewable industry. Two birds one stone.

Thank you. Finally an article that makes sense. He had no choice, either stop accepting BTCs or his application gets rejected (which will tank tesla stock)

And now we came full circle in less than 24hrs 🤣

I wonder if the people who calculate the net credits are trying to include BTC mining in the calculations. If so, that could be a risk for broader corporate adoption, or a back-end way for the government to limit Proof of Work networks.

Thank you so much for this. It should be pinned!

you’d think a company with such smart people would have thought of this first before making a commitment