Mozilla resumes crypto donations but rejects bitcoin

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Alex Dovbnya

The Mozilla Foundation has announced that it will resume accepting proof-of-stake cryptocurrency donations

The Mozilla Foundation has decided to resume the ability to accept cryptocurrency donations in the near future, according to a blog post published by Executive Director Mark Surman.

However, it has banned energy-intensive “proof of work” cryptocurrencies, which means it will not accept Bitcoin donations.

Ethereum, the second-largest proof-of-work cryptocurrency, is expected to transition to proof-of-stake later this year. Its power consumption is expected to drop by 99.95% after the long-awaited upgrade.

Surman explains that proof-of-work cryptocurrencies can “significantly” increase the foundation’s greenhouse gas footprint, preventing it from meeting the foundation’s climate commitments.

Mozilla will provide a list of cryptocurrencies that will be accepted by the foundation by the end of Q2 2022.

The nonprofit organization behind the Firefox web browser began accepting cryptocurrency donations since 2014. As U.Today reported, it took the crypto offline in early January after its tweet sparked severe negative reactions. Mozilla founder Jamie Zawinski criticized the foundation for supporting “Ponzi scammers who are incinerating the planet”.

The decision to suspend donations due to criticism has also proven controversial, with many in the cryptocurrency community accusing the foundation of caving in to the internet mob. Dogecoin co-founder Billy Markus was among those who took issue with Mozilla’s rollback on crypto donations.

The most recent decision to exclude proof-of-work cryptocurrencies is likely to upset the Bitcoin community. Its members say that concerns about the negative environmental impact of the largest cryptocurrency are overblown.

As reported by U.Today, International Animal Rescue (IAR) has also dropped support for crypto donations due to climate concerns.

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