Change the code, not the climate. #ChangeTheCode #CleanUpBitcoin @greenpeaceusa @ewg
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NEW: @greenpeaceusa took over NYC's skyline to expose @BlackRock and @Chase for fueling #Bitcoin's climate destruction.
Watch and share!
BREAKING: We took over the New York City skyline to expose @BlackRock, @Chase, and their Bitcoin Bro CEOs for fueling #Bitcoin's climate destruction!
WATCH and SHARE:
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Noise pollution is just one of many community harms caused by the Bitcoin mining industry.
It's not just loud. It's dirty and will continue to jack up utility prices until protections are put in place.
coingeek.com/arkansas-counti…
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👀Psst, Bitcoin. Don’t think we’ve forgotten about your wasteful energy usage following Ethereum’s merge. We’re still waiting on you to #ChangeTheCode!
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Bitcoin mining consumes more electricity than the Philippines, a nation of 110 MILLION people.
A lot of that is currently generated with fossil fuels that emit climate pollution.
No, this is not "sustainable."
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#Bitcoin uses more energy than some countries, and it's already resurrecting fossil fuel plants and driving devastating climate impacts.
We can reduce Bitcoin's carbon emissions and make crypto cleaner. #ChangeTheCode #CleanUpBitcoin
Here's how:
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PoW is INTENTIONALLY wasteful. This has been documented repeatedly. Yet Bitcoin mining still relies on this wasteful practice.
We all know there are other solutions. It’s time to make that switch.
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We don’t need to be questioning IF Bitcoin mining hampers our climate goals.
We KNOW it does. We have all the data we need. The BTC community must get on board with changing the code.
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A single industry should NOT use more electricity than multiple U.S. states or entire countries.
And yet that’s exactly what Bitcoin is doing, all because they won’t #ChangeTheCode.
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A #Bitcoin mine in Rockdale, TX promised to create over 300 jobs.
They only hired 14 people.
Bitcoin mining is a scam for local communities.
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Riot Platforms wants to build a massive #Bitcoin mining facility in Texas. It could be the biggest in the world.
For Texans, that means more:
- carbon emissions
- local air, water, and noise pollution
- strained electrical grids and higher energy bills
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Yesterday we sent a comment letter to the Office of Science & Technology Policy in the @WhiteHouse.
We urged @POTUS to curb the climate pollution associated w digital currencies relying on increasing amounts of electricity to mine & validate transactions.
ewg.org/news-insights/news-r…
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If Bitcoin wants to be a real asset to our economy and our world, then miners need to reduce their carbon emissions stat.
As it stands, they risk undoing our progress towards a sustainable future.
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How bad is #Bitcoin's waste problem?
A one-megawatt Bitcoin mine uses more energy daily than a typical U.S. home in TWO YEARS. nytimes.com/2023/04/09/busin…
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A clean future can coexist with Bitcoin.
But a clean future cannot coexist with protocols as electricity-intensive as Proof of Work.
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Bitcoin Myth-busting:
🤥Claim: BTC won't hurt the climate if it uses renewables
✅Truth: Current code is designed to be intentionally wasteful, no matter the electricity source
✅Truth: Huge electricity use by BTC mining displaces local community uses and overstrains grids
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Bitcoin mining doesn't create wealth for rural communities.
It spews pollution. It raises utility prices. And it enriches Bitcoin mining company execs.
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MUST WATCH 👇
The #EthereumMerge is going to reduce its electricity use by OVER 99.95%.
Meanwhile, Bitcoin’s still using more electricity than major countries.
Bitcoin needs to come clean.
Greenpeace USA
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“In Texas, where about 250 people died during a winter storm blackout that exposed the fragility of the state's grid, the prospect of higher crypto demand has raised alarms.”
This worry is absolutely warranted. BTC's electricity usage can't go unchecked.
reuters.com/technology/despi…
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This is Greenidge, a former coal plant in Seneca Falls, NY that was shut down in 2011.
Then, Bitcoin mining revived it. It spews hundreds of thousands of tons of carbon dioxide.
@GovKathyHochul, let's sign #S6486D into law and prevent more fossil-fueled crypto mining!
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Bitcoin does not have to make greenhouse gas emissions, electrical grid strain, and local noise and water pollution worse.
Unlike hard-to-decarbonize industries, Bitcoin can make a switch and reduce its carbon footprint quickly.
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These individuals, along with @BlackRock, @GoldmanSachs, @PayPal and many other companies, have a responsibility to help #CleanUpBitcoin.
It's time to act. Change the code, not the climate.
cleanupbitcoin.com/
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Stronghold's Bitcoin mining has INCREASED sulfur dioxide and nitrogen oxide emissions, releasing over 1.4 million tons of carbon dioxide in 2022.
Turning ground pollution into air pollution is not doing any community any favors.
ewg.org/research/proof-probl…
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In Montana and across the nation, #Bitcoin mining has caused devastating environmental impacts.
Check out @ewg's excellent case studies: ewg.org/research/proof-probl…
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A single Bitcoin transaction could power the average U.S. household for a month.
Your refrigerator has to meet energy efficiency standards. Shouldn’t crypto mining?
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"households and small businesses paid an extra $204 million and $92 million annually... in Upstate New York due to increased electricity consumption by cryptominers."
💸 Reminder that #Bitcoin mining jacks up utility bills for local communities!
cepr.org/voxeu/columns/when-…
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Bitcoin miners can’t claim to help the environment while still using proof-of-work.
How can you justify using more fossil fuel-powered energy than ALL OF SWEDEN while claiming to be an asset to a sustainable future?
(Hint: you can’t!)
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“Crypto doesn’t have to torch the planet.”
Precisely. This. We CAN switch to alternatives to PoW.
theatlantic.com/science/arch…
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Doge might be cute. But wasteful proof-of-work protocols and climate destruction are not cute.
Any cryptocurrency currently relying on PoW is EXACERBATING the climate crisis.
We must be doing everything possible to switch to less electricity-intensive protocols.
Dogecoin may be a joke, but pushing environmentally destructive coins is not. Dogecoin is essentially no better than Bitcoin.
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In North Carolina and across the nation, #Bitcoin mining has caused devastating environmental impacts.
Check out @ewg's excellent case studies: ewg.org/research/proof-probl…
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The Bitcoin mining industry claims nearly 2/3rds of mining comes from sustainable energy.❓
The University of Cambridge found that nearly 2/3rds of Bitcoin mining actually comes from FOSSIL FUELS. This is a sustainability red flag. 🚩
Read more here: jbs.cam.ac.uk/insight/2022/a…
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Bitcoin miners promised to create jobs and value for Texans. Instead, they've milked taxpayer money in exchange for massive pollution.
Exploiting Texans turns out to be a better business model than mining Bitcoins. The value of the massive subsidies provided by ERCOT to Riot Platforms is equivalent to 511 Bitcoin for September (even more in Aug), while the company only managed to mine 362 BTC during the month.
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Time and time again we’ve seen resistance to replacing PoW, shirking of responsibility for obscene overuse of power grids, and an overall denial of the impacts Bitcoin mining has on communities.
We can’t say this any plainer: a change in the code is the right move.
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🚨🚨A new analysis from the Univ. of Cambridge examines Bitcoin’s environmental impact. We’ll be sharing a few notable findings in the thread below ⬇️
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What do Austria, Portugal, and the Netherlands all have in common?
Their annual use electricity has been lower than Bitcoin’s peak electricity use.
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Bitcoin mining is harmful to the climate. The ONLY way for it to become sustainable is through a change to its code.
The crypto community has some of the brightest minds. We need a shift away from Proof of Work to prevent a climate crisis.
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From mid 2021-2022, Bitcoin consumed 36 billion KWh of electricity.
Equal to the electricity consumed in Maine, New Hampshire, Vermont, and Rhode Island put together in that same period.
For the sake of our planet, we need energy efficiency standards!
earthjustice.org/sites/defau…
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.@RiotPlatforms Rockdale, TX #Bitcoin mining facility in numbers:
🏠 it consumes as much electricity as 300,000 surrounding homes
😷 it emits 1.918 million tons of CO2 per year
🏭 96% of its energy demand was met by fossil fuels
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New York’s statewide crypto mining moratorium should be a wake-up call. The climate & community impacts of Bitcoin mining need to be addressed.
Time for Bitcoin boosters - & anyone who cares about the climate crisis - to get to work to #ChangeTheCode
wamc.org/news/2022-12-03/ear…
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🤥 A common claim: Bitcoin miners can stabilize grids through load flexibility.
This is like saying smoking a pack of cigarettes a day is healthy, because you can stop smoking during special occasions when asked politely.
Brief absence of a harm doesn't make it good.
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There’s only going to be more and more attention on Bitcoin mining as we double down on our fight against climate change.
The Bitcoin community can join us in our push for a sustainable future by supporting a code change and comprehensive regulations.
theverge.com/23519473/crypto…
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There’s more attention on the climate crisis than ever before.
But rather than help reach our necessary goals, Bitcoin is actively contributing to the climate crisis. It doesn’t have to be this way.
#ChangeTheCode already.
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In Pennsylvania and across the nation, #Bitcoin mining has caused devastating environmental impacts.
Check out @ewg's excellent case studies: ewg.org/research/proof-probl…
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Bitcoin miners can’t help fight climate change while actively contributing to emissions and using more electricity than whole countries.
We need accountability and transparency.
axios.com/pro/energy-policy/…
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Changing Bitcoin's code can reduce electricity...
⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️
⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️
⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️
⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️
⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️
⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️
⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️
⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️
⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️
⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️⚡️
by over 99.5%.
⚡️
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The fact that one small industry uses more electricity than a whole country and produces more emissions than bigger industries is absolutely staggered.
It’s also unacceptable. Change needs to happen right now.
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Bitcoin mining was a new and innovative practice. But now it’s stagnating by continuing to use PoW.
To stay on track with our climate goals, transitioning away from PoW is the way.
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Bitcoin's electricity-intensive mining has hurt communities all over the country with air, climate, waste, water and noise pollution.
It’s time to hear their stories and uplift their voices.
You do not want to miss these case studies from @ewg. 👇
ewg.org/news-insights/news-r…
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Bitcoin miners help create an electricity shortage. Then, they get paid tons of money to help 'solve' the shortage they created.
Blackouts have killed hundreds in Texas. Any energy plan relying on the good will of Bitcoin miners is a recipe for disaster.
bloomberg.com/news/features/…
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Texas is expecting 5 to 6 gigawatts of new demand for Bitcoin mining over the next 12 to 15 months, the equivalent of 1.2 million homes.
That’s as much electricity as the city of Houston.
We need to #ChangeTheCode to ensure Bitcoin is sustainable.
buff.ly/3LDCCTO
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‘People don’t realize that this is hitting their energy bills, or going to hit them’
We've got to listen to families in towns like Paducah, Kentucky.
Bitcoin mining hogs much-needed electricity, disrupts communities, and drives up energy bills. ewg.org/research/proof-probl…
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The thing is, Bitcoin mining doesn’t HAVE to ruin the environment. It doesn’t HAVE to harm local communities with pollution and noise. They could #ChangeTheCode and reduce electricity usage by 99%.
Our planet and people must be a priority over profits.
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"It's hard to learn of these stories and not ask why bitcoin miners can't change their code to be better neighbors." commondreams.org/news/crypto…
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If other cryptocurrencies have made changes to reduce their emissions output and energy consumption, Bitcoin can too.
In fact, as the biggest cryptocurrency, the need for a change is even more pressing. Time to lead by example.
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"It's like having a toothache for 24 hours a day, every day"
Bitcoin miners insist on using wasteful, harmful PoW, even when community members describe how horrible it is living nearby their operations. Time for Bitcoin miners to do better.
euronews.com/green/2022/11/0…
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Bitcoin mining has consumed more electricity annually than countries like Sweden, Poland, Philippines, and Argentina.
When a currency is using up more energy than entire countries, we have a problem.
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We know the crypto community is motivated by a sense of progress, fairness, and good intentions.
Many people in crypto want to address climate change. But it's only possible if the industry gets serious about crypto that runs on low energy.
#CleanUpBitcoin
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Bitcoin mining saps power from the energy grid and contributes to carbon emissions. Meanwhile, miners want to talk about how Bitcoin can “help” with climate change.
The root of the problem still stands: a wildly wasteful code that can and must be changed.
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This is what @BlackRock @Fidelity @Chase are investing in. Profit should not come before the health and wellbeing of local communities.
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Bitcoin mining is jeopardizing the power stability of an ENTIRE. COUNTRY.
Unconscionable. No citizen of ANY country should have to battle Bitcoin for basic utilities. protos.com/bitcoin-miners-co…
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🚩 Coal is the largest single energy source for Bitcoin mining.
🚩🚩 I repeat, coal is the largest single energy source for Bitcoin mining.
We must ensure that Bitcoin is not adding demand that will prolong the life of ANY fossil fuel power plants.
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From Texas to New York to Appalachia, one thing is clear – when Bitcoin mining is allowed to go unchecked and unregulated, it causes real harm to communities and the environment.
We need regulation and a change to the code!
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"Most Texans have seen their electricity bills jump $40 a month on average since mining."
Bitcoin mining releases noise and climate pollution, strains local grids, and raises utility costs for local communities.
We need regulation and a code change.
thestreet.com/cryptocurrency…
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Yeah, protecting your assets is cool and all but you’ll need an actual habitable planet if you want to keep doing other things, such as living.
Can’t mine Bitcoin on a burnt planet!
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We know a basic code change would reduce #Bitcoin’s energy use by 99.9%.
If only 50 key people — miners, exchanges, and core developers — agreed to reinvent proof-of-work mining or move to a low-energy protocol, Bitcoin would stop polluting the planet.
#ChangeTheCode
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According to a @WhiteHouse report, U.S. crypto mining produced 25 to 50 million metric tons of carbon pollution.
Roughly the equivalent of driving 20 to 40 million gasoline-powered cars for one year.
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Bitcoin mining threatens our progress on climate change. And it needs to change. Period.
cnbc.com/2022/09/08/crypto-m…
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We’re calling for a change in the code to help Bitcoin achieve near 100% efficiency. This would eliminate any potential electricity waste and pollution problems.
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The single best way to make Bitcoin sustainable is to dramatically reduce the electricity it consumes.
We can achieve that with a switch to a more energy-efficient mechanism than proof-of-work.
revealnews.org/podcast/can-o…
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It is not simply the climate that is harmed by the growing electricity usage of Bitcoin miners.
Local communities are affected by air and water pollution when mining revives and extends the life of fossil fuel plants.
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Thus far, Bitcoin mining has extracted tax benefits from local communities to create profits for mining CEOs and shareholders.
In return, the communities are given climate and air pollution, noise pollution, and raised utility prices—by as much as $1.8 billion a year in Texas.
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REALITY CHECK: There is no requirement under current law that Proof of Work mining be powered by renewable energy, or be more energy efficient.
Clean energy should be routed to power our homes, cars, and businesses. NOT to inherently wasteful Bitcoin protocols.
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There's one thing driving all Bitcoin miners: the profit motive.
That means any concerns they might have about massive electricity use and emissions will be secondary to profit.
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The truth remains the same: the biggest beneficiaries of Bitcoin mines end up being mining companies’ executives, owners and investors who don’t live in the community.
🚩 Local residents are given pollution, strained infrastructure, and higher utility prices.
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We know the problem.
#Bitcoin uses an outdated technology called proof-of-work to validate transactions. This method uses massive amounts of energy and is a huge source of climate pollution.
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“When mining is done in regions where coal and natural gas still provide most electricity, the result could be more planet-warming pollution.”
Time to tackle the root cause of BTC pollution. We must switch away from intentionally wasteful Proof of Work.
politico.com/newsletters/pow…
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Bitcoin’s refusal to #ChangeTheCode is a foolishly stubborn decision that puts our planet at risk. Environmental justice groups, impacted communities, and even members of Congress know Bitcoin can do more to protect our environment.
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🎉Happy merge to all indeed! And with that merge comes 99.95% less energy consumption by Ethereum. Let’s keep the momentum going - time for Bitcoin to make the switch!
cnn.com/2022/09/15/tech/ethe…
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Creating regulations for Bitcoin mining aren’t done just for fun or “just because.”
These regulations will protect our planet, ensure communities can access the resources they need, and hold Bitcoin miners’ accountable for any harm done by irresponsibly energy consumption.
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The biggest Bitcoin mines in the country:
⚡️ use 4,000 megawatts of power, which is:
🏠 equal to 3 million surrounding homes
🗽 equal to adding an entire NYC's worth of residents to the grid
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When "mining" of a cryptocurrency creates a proportionately greater climate impact than the real, physical mining of real, physical gold...
Something has gone horribly, horribly wrong.
theguardian.com/technology/2…
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At the end of the day, it’s simple—Bitcoin’s validation protocol must not further exacerbate climate change.
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It’s no secret that mining Bitcoin is INCREDIBLY energy intensive. As a result, miners rely on cheap sources of energy like fossil fuels to meet the demand for electricity.
At a moment when we should be phasing out fossil fuels, Bitcoin mining operations are doing the opposite.
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We must get to the root of the problem: Bitcoin uses proof of work, a validation mechanism that is outdated and far too energy intensive. Switching to alternative mechanisms could save 99% in electricity costs.
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“I believe cryptocurrency mining is taking a toll on global climate changes due to its energy consumption.”
It's a fact that Bitcoin mining has consumed electricity at rates on par with entire COUNTRIES. It's past time to change the code.
financialexpress.com/busines…
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"They’re actually restarting fossil fuel power plants like coal plants that were on their way to retirement ... it’s taking us exactly in the wrong direction at exactly the wrong time in the climate crisis,”
@RolfSkarGP is right about BTC mining!
climateone.org/audio/bitcoin…
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‘Living near a crypto mine was so stressful, we sold our house and moved’
Crypto mining has jeopardized the natural beauty and tranquility of this community in NC with noise and climate pollution. ewg.org/research/proof-probl…
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Big surprise!
A sitting congressman, who happens to be an old friend of the oil and gas industry, is a PoW champion .
PoW mining is a gift to the fossil fuel industry.
🔥🚀Exciting news! Congressman @PeteSessions (R-TX) just introduced a Congressional Resolution in support of #proofofwork (PoW) mining, a critical component of the cryptocurrency industry. #DCBlockchain #Bitcoin
digitalchamber.org/congressi…
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Yes, there are industries that produce more emissions. But that doesn’t mean Bitcoin mining can slide under the radar.
It’s not either/or – it’s both/and. We need to be pressuring all industries to cut emissions, and that includes Bitcoin mining.
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The Ethereum merge showed us that change IS possible in the world of crypto. Bitcoin and others like it can make the decision to use #ChangeTheCode, use less energy, and help protect our planet!
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Between noise pollution, massive energy consumption, and reviving oil and gas wells, Bitcoin mining continues to harm communities and our planet.
We need regulation to protect our communities.
capitalandmain.com/crypto-mi…
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We cannot ensure sustainability in the cryptocurrency industry without eliminating Proof of Work mining. It is designed to be intentionally wasteful.
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The fact that a single Bitcoin transaction can use up a whole swimming pool of water tells you all you need to know about its impact on our water system.
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Bitcoin mining is so energy intensive, it’s driving demand for new fossil fuel plants or giving old plants a new life.
No amount of hand waving and mental gymnastics can deny this reality.
earthjustice.org/blog/2022-o…
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Here are some fun facts about #Bitcoin:
Its pollution problem is getting worse.
It uses as much electricity as entire countries.
It's a lifeline to fossil fuels.
It's fueling the climate crisis.
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