Dante Federighi, nominated for a position on the board of directors of the CME Group stock exchange, believes that the current institution should mine Bitcoin. In an open letter to shareholders and published by the SEC, he stated:
“Some of our biggest investors, such as BlackRock, are investing in industries focused on creating value for all stakeholders … The CME Group needs to join this trend by building solar / wind / hydro power plants to fuel our global operations. Then we can redirect excess energy to mining Bitcoin and other cryptocurrencies. This would generate an alternative source of income for the company. ”
The involvement of a major US institutional player in Bitcoin mining would be a positive signal for crypto space. It remains to be seen, however, whether Federighi will be elected to the council and whether his plan has been thought out well enough to compete in this competitive industry.
Related posts:
Why do cryptocurrency Exist – Institutions 
Bitcoin and independent property rights 
NASDAQ on market manipulation: Everyone is now talking about regulating bitcoin and cryptocurrency 
Pilot Porsche on Ethereum blockchain to trace provenance materials 
Xfers from Singapore is going to use blockchain Zilliqa 
Make your own tokens with the Guarda wallet
