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Greenpeace blasts Bitcoin with artwork depicting environmental damage – Bitcoiners love it
Greepeace's latest marketing stunt in its campaign against the Bitcoin mining industry appears to have backfired, with BTC boosters hailing its artistic fruits. Meanwhile, Bitcoiners continue to denounce the organization's efforts to denigrate the network as environmentally damaging and remain committed to its proof-of-work consensus mechanism. The Skull of Satoshi In a tweet on Friday, Greenpeace reiterated previous claims that Bitcoin causes “dangerous amounts of real-world pollution” through fossil fuel consumption stimulated by its “outdated code.” NEW: #Bitcoin causes MASSIVE amounts of pollution and has become a major obstacle in our fight to phase out fossil fuels. So...
Greenpeace blasts Bitcoin with artwork depicting environmental damage – Bitcoiners love it
Greepeace's latest marketing stunt in its campaign against the Bitcoin mining industry appears to have backfired, with BTC boosters hailing its artistic fruits.
Meanwhile, Bitcoiners continue to denounce the organization's efforts to denigrate the network as environmentally damaging and remain committed to its proof-of-work consensus mechanism.
The skull of Satoshi
In one tweetOn Friday, Greenpeace reiterated previous claims that Bitcoin causes “dangerous amounts of real-world pollution” through fossil fuel consumption stimulated by its “outdated code.”
NEW: #Bitcoin causes MASSIVE amounts of pollution and has become a major obstacle in our fight to phase out fossil fuels. So we got together @thevonwong to create this giant 💀 with laser eyes to help us raise awareness and inspire change.
SEE and SHARE: pic.twitter.com/Av0IORyV5b
— Greenpeace USA (@greenpeaceusa) March 23, 2023
The activist group tagged the tweet with its original hashtag “#ChangeTheCode” – a movement that aims for Bitcoin to shift its consensus mechanism from Proof of Work (POW) to Proof of Stake (POS).
Proof of Work is Bitcoin's way of keeping its blockchain secure by having network users compete with computing power to solve the next block and earn the associated rewards. However, Proof of Stake has resulted in users putting their cryptos at risk when validating blocks and results in far lower energy consumption than the former.
As contained in the tweet, the “Skull of Satoshi” is intended to represent the harm caused by this consumption. The eleven-foot-tall creation is built from computer motherboards, topped with smokestacks and lit by glowing red eyes often used in the Twitter profile pictures of Bitcoin bulls.
What Bitcoiners think
Those same cops, however, were more amused — even impressed — than outraged.
Some climate activists think so #Bitcoin is just fake internet money that you can safely ignore.
The truth? Bitcoin causes dangerous amounts of real-world pollution through its voracious consumption of fossil fuels, all because of its outdated code.
The solution? #ChangeTheCode pic.twitter.com/7wa7BMCzV5
— Greenpeace USA (@greenpeaceusa) March 23, 2023
“Greenpeace accidentally created the most metal piece of Bitcoin art to date in their misguided anti-PoW campaign.” tweetedNic Carter, co-founder of Castle Island Ventures. The popular essayist has previously helped defend the Bitcoin mining industrypositivefor the environment rather than harmful.
Others like @notgrubles laughedAspects of the artwork such as the lack of a single ASIC machine in its construction and the inclusion of core cooling towers in its construction - which emit clean water vapor.
Some continued to follow Greenpeaceaccept$5 million from Ripple executives for denigrating Bitcoin mining in the first place.
Michael Saylor – one of the world’s largest owners of Bitcoin –claimsin September that fears about Bitcoin's energy consumption were big "lobbyist propaganda" pushed by altcoin proponents. He and the Bitcoin Mining Council publish frequentlyupdateon Bitcoin's green energy mix, which is significantly higher than other industries.
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