June 15, 2021

Greenpeace will stop accepting Bitcoin donations

Greenpeace will stop accepting Bitcoin donations

Greenpeace officials said the organization is discontinuing BTC donations because of its impact on climate change is “impossible to dispute”.

“Proof of Work works on incineration” - to suchthe conclusion was reached by the participants of the UN conference COP26. After the conference, Greenpeace representatives announced that the Bitcoin donation service launched in 2014 will be closed. They said:

Once we realized how much energy bitcoin actually consumes, we realized that this practice does not hold up to scrutiny.

Was Greenpeace really unaware of the impactbitcoin on the environment or they are just opportunists - it is not clear. However, it is obvious that the problem of high energy consumption of bitcoin is coming to the fore.

Earlier, Vitalik Buterin said that if Bitcoin developers fail to solve the problem of energy efficiency of mining, then Bitcoin risks losing its primacy to Ethereum.

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