On September 15, the day that Ethereum completed its Merge upgrade, marking its transition from proof-of-work (PoW) to proof-of-stake (PoS), Amsterdam-based international environmental organization Greenpeace blasted Bitcoin’s use of “outmoded” energy-hungry PoW consensus. Greenpeace’s press release stated that “as ethereum, the world’s second largest cryptocurrency, dramatically cuts its climate pollution, environmental groups have intensified pressure […]
