The crypto space is filled with debate about the industry’s bad impact on climate. Especially, as countries around the globe suffer from energy crisis during the cold winter, more and more people are turning their noses at the crypto industry as it is one of the biggest causes due to its nature. its unsustainable. Following this wave, the non-profit organization that powers the Firefox web browser, the Mozilla platform has announced a temporary shutdown of cryptocurrency donations.
Last week, we tweeted a reminder that Mozilla accepts crypto donations. This leads to an important discussion about the environmental impact of cryptocurrencies. We are listening and acting. 1/4
– Mozilla (@mozilla) January 6, 2022
The fund’s official Twitter manager noted that they will not accept crypto donations due to ongoing discussions around the environmental impact of digital currencies. While Mozilla emphasized that decentralized web technology continues to be an “important area” for the platform to explore, since it started accepting crypto payments in 2014, Mozilla agrees that “ a lot has changed since then” and it is time to take relevant action.
“Starting today, we will review whether and how our current policy on crypto donations aligns with our climate goals. And as we conduct a review, we will suspend the ability to donate crypto.”
Global energy crisis leads to diverse actions against crypto activities
Countries like Kazakhstan, Iran, and the Republic of Kosovo have fallen victim to a major energy crisis and governments are taking strict actions against crypto activities in their respective territories. to prevent the situation from getting worse.
Kazakhstan is currently trending across all news publications since the country erupted in numerous protests as the price of natural gas soars amid other problems such as power outages. Furthermore, the global mining community has asked local crypto miners to “pay attention to their personal safety.” The President then announced a nationwide internet outage, which further caused a 12% drop in the Bitcoin network hashrate.
Iran is another country that appears to be facing an ongoing winter energy crisis, which has resulted in the imposition of a second crypto mining ban. Mostafa Rajabi Mashhadi, director of public company Iran Grid Management Co. and a spokesman for the Iranian power industry noted that the ban will last until March 9, 2022. Finally, the Republic of Kosovo also banned cryptocurrency mining as part of a number of relief measures. ways to reverse the energy disaster.