Controversy Surrounding Greenpeace's Bitcoin Report

Wednesday, 20 March 2024, 16:30
Greenpeace's recent report on Bitcoin mining lobbyists has sparked controversial debates, with experts debunking factual errors and highlighting inconsistencies in the research. The report accuses prominent advocacy groups of having political ties and misrepresenting Bitcoin's energy impact, leading to a heated discussion within the crypto community.

Greenpeace's Latest Bitcoin Report Is Under Fire

Environmental lobby group Greenpeace releases a questionable report using lobbyists' past affiliations and old data to discredit Bitcoin's energy impact. A crypto environmental specialist has debunked many of the findings.

Greenpeace Exposes Alleged Political Ties

Greenpeace asserts that the advocacy group, the Chamber of Digital Commerce, authored a Congressional resolution to support Bitcoin mining. The Blockchain Association reportedly lobbied against a bill requiring the reporting of Bitcoin's greenhouse gas emissions and electricity usage.

A Report Rife With Errors, Expert Says

A report by auditing firm KPMG contests Greenpeace's stance on Bitcoin's climate effect. Greenpeace's report offers figures that do not directly address claims of renewable usage with scientific proof.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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