Will Greenpeace Change Its Mind On Bitcoin Now? New Report

It’s been a long standing debate: is Bitcoin eco-friendly or is it an environmental disaster waiting to happen? Greenpeace’s stance hasn’t been in favor of Bitcoin, but this could all be set to change with the release of a new report from the think tank Elliptic.

The New Report – What Does It Say?

The report, which was commissioned by Bitcoin company Elliptic, examines the environmental impact of Bitcoin. Its findings are surprising: the environmental costs associated with Bitcoin are much lower than previously thought. According to Elliptic’s research, the energy required to generate one Bitcoin is the same as heating a house for a month.

The report also reveals that the majority of Bitcoin mining is powered by renewable energy. This is good news for Bitcoin fans and eco-activists alike; it means that the cryptocurrency is becoming much more energy efficient, and is less of a threat to the environment.

Will Greenpeace Change Its Mind?

So, the question is: will Greenpeace change its stance on Bitcoin? It’s hard to say for sure, given the contentious nature of the issue. But it’s certainly possible that the organization will take a more positive view of the cryptocurrency, now that the environmental impact is much clearer.

The debate will undoubtedly continue for some time, but one thing is for sure: Elliptic’s report will be an important source of information for both sides of the argument.

Final Thoughts

It’s clear that the debate over Bitcoin’s environmental impact is far from over. But with the release of Elliptic’s report, it may just be the deadline which sparks a change of mind in eco-activists like Greenpeace.

Let’s face it: how cool would it be if Greenpeace threw its weight behind Bitcoin as a greener form of currency? That would be one for the history books, that’s for sure. But in the meantime, we’ll just have to wait and see what happens.