This is an opinion editorial by Zack Voell, a bitcoin mining and markets researcher.
For most of Bitcoin’s short history, discussions over how much energy the global network uses to process and record transactions has been a recurring talking point. But today, the conversation is reaching new levels of intensity as credentialed adversaries posturing as being environmentally conscious pile on to attack Bitcoin in the public arena.
These attacks extend beyond subtle investment preferences, like hedge funds allocating to coins or tokens that advertise “green” or “clean” infrastructure. And they can be even more direct than the World Economic Forum tweeting about Ethereum’s merge.