Greenpeace: Wall Street must be held accountable for Bitcoin mining emissions

According to Cointelegraph, the main financial institutions on Wall Street should be responsible for funding the huge carbon emissions of the Bitcoin mining industry, according to the latest report from the US Greenpeace organization. Greenpeace claims that large financial institutions support Bitcoin mining by creating economic incentives, thus perpetuating the ecological threat represented by the industry. The report lists Trinity Capital, Stone Ridge Holdings, BlackRock, Vanguard, and MassMutual as the top five sponsors of carbon pollution from Bitcoin mining companies. According to the report, by 2022, they will have emitted over 1.7 million metric tons of carbon dioxide, equivalent to the annual electricity consumption of over 335,000 US households. Greenpeace said that Bitcoin mining has become a large commercial industry, and companies need a lot of funding to build facilities and purchase computing equipment.