Mozilla is turning its back on Bitcoin and Ethereum (for now) and will only accept Proof-of-Stake cryptocurrency donations, citing a commitment to reach carbon neutrality.
Among the mosvocal detractors of Mozilla’s new crypto donations policy was Mozilla’s own founder, Jamie Zawinski. Heon Jan. 4 that those at Mozilla who are complicit with accepting Bitcoin “should be witheringly ashamed” to partner with the “planet-incinerating ponzi grifters.” Zawinski stopped working at Mozilla in 1999.
Director of Digital Strategy at American investment firm VanEck Gabor Gurbacs had harsh criticism for Mozilla’s decision to block Bitcoin donations. In an Apr 12, he called the move “misguided and virtue signaling in nature,” adding that “Bitcoin is one of the greenest industries out there.” While Bitcoin annually consumes about 204.5 Terawatt hours of energy according to data from blockchain researchers at
, the actual effect on the climate is much more contested. Proponents contest that miners that secure the network are helping to strengthen energy grids and improve carbon efficiency while operations themselves are increasingly switching to renewable energy.last month, flexible data centers can be used for Bitcoin mining.
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