March 29, 2024

Greenpeace will stop accepting Bitcoin donations

Greenpeace will stop accepting Bitcoin donations

Greenpeace representatives stated that the organization is stopping accepting donations in BTC due to its impact onClimate change is “impossible to dispute.”

“Proof of Work works by burning” – ToThis is the conclusion reached by the participants of the UN COP26 conference. 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 influence?Bitcoin on the environment or are they just opportunists – unclear. However, it is clear that the problem of Bitcoin's high energy consumption is coming to the fore.

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

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