"When billionaires Elon Musk and Michael Saylor met behind closed doors with some of North America’s biggest Bitcoin miners on May 24 they were asking for trouble. The two Bitcoin champions were certainly confronting a big problem: In recent weeks the long simmering concerns about the soaring amount of power consumed to process transactions on the blockchain had exploded into a crisis, casting cryptocurrencies as yet another carbon-spewing industry and Musk as a climate change hypocrite."