https://www.vice.com/en_us/article/akgepg/bitcoiners-arent-thrilled-with-elon-musks-new-mining-council > Elon Musk was briefly a hero in the cryptocurrency space. The terminally online, Dogecoin-meme-sharing CEO boosted Bitcoin’s price when Tesla announced in February that it had invested $1.5 billion into the leading crypto, and would also accept BTC as payment for its electric cars. > But that reputation was shattered this month when Tesla reversed course. Musk said that concerns about Bitcoin mining’s environmental impact—hardly new information, although apparently it was to him—had caused the firm to stop accepting BTC until “mining transitions to more sustainable energy.” Bitcoin’s price sank immediately and dramatically, and his myriad follow-up tweets about Bitcoin and aiding Dogecoin’s development only managed to piss off the faithful even further.