Greenpeace Campaign Calls for Bitcoin to Ditch Proof-of-Work Blockchain to Save the Climate | CoinMarketCap

A new campaign is calling for Bitcoin's Proof-of-Work blockchain to be ditched ❌ Greenpeace says the basic code change would save the climate and could happen if just 30 people agree to switch 👀 'Ethereum is changing its code. Why isn't Bitcoin?' 👇

The exact impact that Bitcoin mining has on the environment is difficult to quantify — but the campaign cites statistics from the University of Cambridge that indicates this blockchain already uses more energy than the whole of Sweden, warning:And pointing to how some miners have started purchasing U.S.

Change The Code, Not The Climate acknowledged that it's making a big ask and many key stakeholders may be reluctant to heed its calls, writing: The Ethereum blockchain is currently in the process of transitioning to a Proof-of-Stake consensus mechanism — an ambitious and high-risk project that has been in the works for several years.

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