Posted 3/20/2024, 7:48:26 PM
GreenpeaceUSA Report Criticizes Bitcoin Mining's Climate Impact, Prompts Backlash
- GreenpeaceUSA released a report criticizing Bitcoin mining's ties to fossil fuels and climate change deniers
- Bitcoin advocates disputed Greenpeace's claims, arguing that mining incentivizes renewable energy
- Critics accused GreenpeaceUSA of using outdated data and questioned their impartiality due to Ripple funding
- Bitcoin miners said they help stabilize grids and monetize stranded renewable energy that would otherwise be wasted
- Other Greenpeace branches have questioned the reliability of GreenpeaceUSA's anti-Bitcoin campaign