The company behind the Firefox Internet browser Mozilla is trying to soothe an environmentally friendly community by accepting only proof of stake (PoS) crypto donations.
society First stopped donating all cryptos In January, but now, we backed them up after a review period to assess community sentiment and conduct research on the use of crypto energy.
Update of our policy on accepting cryptocurrency donations.
We made a mistake, listened to you, and we have evolved. https://t.co/0bSThVJsCC
— Mozilla (@mozilla) April 7, 2022
PoS blockchain consumes Less than 1% power of BitcoinAlthough the efficiencies vary, as shown in the February report.
Mozilla announced at blog As a result of the review, the donation policy was changed to be in line with “Climate Change Initiatives”. It states: “Mozilla will no longer accept more energy-intensive’proof of work’cryptocurrencies.
“Proof of Work cryptocurrencies can significantly increase GHG [greenhouse gas] Footprint due to its energy-intensive nature. “
The company also said the move was based on the voluntary climate of January 2021. commitment It aims to “significantly reduce the greenhouse gas footprint each year” until it is carbon-neutral.
“Mozilla’s decision not to accept Proof of Work donations ensures that our funding efforts remain in line with our emission commitments.”
By rejecting all non-PoS ciphers, Mozilla is blocking both Bitcoins (BTC), The largest cryptocurrency by market capitalization, and Ether (ETH) – at least Until a merge occurs within the next few months And the blockchain adopts PoS.
Mozilla said it will release a list of cryptocurrencies accepted by the end of the second quarter of 2022. Some native coins from the most popular PoS chains include the BNB chain (BNB), Solana (Sol), And an avalanche (AVAX).
Among the exaggerated critics of Mozilla’s new crypto donation policy was Mozilla’s own founder, Jamie Zawinski.he Tweet On January 4, Mozilla people involved in the acceptance of Bitcoin said they “should be persistently ashamed” to partner with “the Pongee Glyphter to incinerate the planet.” Zawinski stopped working with Mozilla in 1999.
The director of digital strategy at Van Eck Gabor Gurbacs, an American investment company, has severely criticized Mozilla’s decision to block Bitcoin donations. April 12 TweetHe called this move “essentially wrong direction and virtue signaling” and added that “Bitcoin is one of the most environmentally friendly industries in the world.”
Bitcoin consumes about 204.5 terawatt hours (TWh) of energy annually, according to data from blockchain researchers at Digiconomist, The actual impact on climate is much more contested. Proponents argue that while miners protecting networks are helping to strengthen the energy grid and improve carbon efficiency, the operations themselves are increasingly switching to renewable energies.
As Report by Cointelegraph Last month, you can use a flexible data center for Bitcoin mining. Flexible data centers can switch between self-generated green energy and the use of public grids to reduce the overall environmental impact and stress on public energy grids.
Related: Marathon Digital Moves Montana BTC Mine to Pursue Carbon Neutral
Cryptographic storage company Blockstream and Jack Dorsey’s Bitcoin developer Block Inc collaborated with Elon Musk’s Tesla on April 8th. BTC mining for solar power A new hotbed for a clean energy mining business in a Texas facility.
