Greenpeace Intensifies Campaign Against Bitcoin Following Ethereum’s Merge - By Great Game India

Greenpeace has intensified the campaign against Bitcoin following Ethereum’s merge. The movement features a petition asking Fidelity, BlackRock, and other companies to convert Bitcoin away from PoW.

According to a press release, Greenpeace and the Environmental Working Group have stepped up their criticism of Bitcoin’s proof-of-work (PoW) system with a $1 million advertising campaign.

The environmental groups want organizations like Fidelity, BlackRock, Block, and PayPal to have influence on the Bitcoin protocol. The organization wants to use these institutions to assist in switching the consensus method from proof-of-work to proof-of-stake (PoS).

Following today’s completion of the Merge, an event that altered Ethereum’s consensus method from PoW to PoS, an attack that started in March with the beginning of the “Change The Code, Not The Climate” campaign has intensified.

“Ethereum has shown it’s possible to switch to an energy-efficient protocol with far less climate, air and water pollution,” said Michael Brune, director of the Change the Code, Not the Climate campaign.

Continue reading here:

https://greatgameindia.com/greenpeace-campaign-against-bitcoin/