Greenpeace Intensifies Campaign Against Bitcoin After Ethereum’s Merge – Bitcoin Magazine



  • Greenpeace and the Environmental Working Group have launched a $1 million smear campaign against Bitcoin following Ethereum’s Merge to PoS.
  • The campaign has a petition urging Fidelity, BlackRock and others to move Bitcoin away from PoW.
  • Opponents of Bitcoin need to understand how it actually works.

Greenpeace and the Environmental Working Group have intensified their attack against Bitcoin’s proof-of-work (PoW) with a $1 million ad campaign, per a press release.

The climate groups are pushing for institutions such as Fidelity, BlackRock, Block and PayPal to influence the Bitcoin protocol. The group’s intentions are to have these institutions somehow help change the consensus mechanism from PoW to proof-of-stake (PoS).



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