{"id":2780,"date":"2024-03-19T00:00:00","date_gmt":"2024-03-19T00:00:00","guid":{"rendered":"http:\/\/www-prod.greenpeace.org\/usa\/campaign-updates\/2780\/greenpeace-usa-report-reveals-the-puppet-masters-behind-bitcoins-expansion\/"},"modified":"2025-04-23T15:45:18","modified_gmt":"2025-04-23T15:45:18","slug":"greenpeace-usa-report-reveals-the-puppet-masters-behind-bitcoins-expansion","status":"publish","type":"post","link":"https:\/\/www.greenpeace.org\/usa\/greenpeace-usa-report-reveals-the-puppet-masters-behind-bitcoins-expansion\/","title":{"rendered":"Greenpeace USA Report Reveals the Puppet Masters Behind Bitcoin\u2019s Expansion"},"content":{"rendered":"<p><span class=\"p4descriptive_paragraph\">Greenpeace USA research reveals the intricate web linking the Bitcoin mining industry with the fossil fuel and other polluting industry groups and climate denialists that oppose needed action to address the climate crisis.<\/span><\/p>\n<figure class=\"wp-block-image size-large p4featured_image\"><img decoding=\"async\" src=\"https:\/\/www.greenpeace.org\/static\/planet4-usa-stateless\/2024\/12\/ed39d964-mining-skull-covervcapitol-scaled-1.jpeg\" alt=\"Activists Bring &quot;Skull of Satoshi&quot; to Fidelity\" \/><figcaption class=\"wp-element-caption\">Art and activism merge in the striking art installation called the Skull of Satoshi, created by art activist Benjamin Von Wong and Greenpeace USA to highlight Bitcoin\u2019s record of climate destruction. The Skull of Satoshi makes its New York debut.This thought-provoking art installation is 11 feet tall and features smoking stacks representing the fossil fuel and coal pollution generated by Bitcoin mining, eyes adorned with bitcoin logos and red lasers, and cables protruding from its neck. The skull is made with electronic waste donated by Unirecycle, representing the millions of computers used to validate Bitcoin transactions, known as mining.<\/p>\n<\/figcaption><\/figure>\n<p>Greenpeace USA research reveals the intricate web linking the Bitcoin mining industry with the fossil fuel and other polluting industry groups and climate denialists that oppose needed action to address the climate crisis.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.greenpeace.org\/static\/planet4-usa-stateless\/2024\/11\/b629f2dc-mining-skull-covervcapitol-scaled-1.jpeg\" alt=\"Activists Bring \" \/><figcaption class=\"wp-element-caption\">Art and activism merge in the striking art installation called the Skull of Satoshi, created by art activist Benjamin Von Wong and Greenpeace USA to highlight Bitcoin\u2019s record of climate destruction. The Skull of Satoshi makes its New York debut.This thought-provoking art installation is 11 feet tall and features smoking stacks representing the fossil fuel and coal pollution generated by Bitcoin mining, eyes adorned with bitcoin logos and red lasers, and cables protruding from its neck. The skull is made with electronic waste donated by Unirecycle, representing the millions of computers used to validate Bitcoin transactions, known as mining.<\/p>\n<\/figcaption><\/figure>\n<p><b>Washington, DC (March 19, 2024)\u2013 <\/b><span style=\"font-weight: 400;\">Today, Greenpeace USA released an explosive report titled <\/span><a href=\"https:\/\/www.greenpeace.org\/usa\/reports\/mining-for-power\/\"><i><span style=\"font-weight: 400;\">Mining for Power<\/span><\/i> <\/a><span style=\"font-weight: 400;\">that exposes the connections between the Bitcoin mining industry, the fossil fuel and other polluting industry groups, and climate denialists.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The report\u2019s key findings include:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">1)\u00a0 Bitcoin industry groups have ties to conservative think tanks, policy networks, and politicians that are resisting action to address the climate crisis and slash harmful pollution but few connections to environmental organizations and renewable energy advocates despite industry claims about supporting sustainability.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">2) There is substantial overlap between groups advocating for Bitcoin mining and groups backed by the conservative billionaire Koch brothers\u2019 network and the ALEC network that push anti-environmental, anti-worker, and anti-democratic policies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">3) There is a revolving door between the Bitcoin mining industry and the government, particularly with the former Trump administration.\u00a0<\/span><\/p>\n<p><b>Erik Kojola, Greenpeace USA Senior Researcher, said: <\/b><span style=\"font-weight: 400;\">\u201cOur research uncovered deeper and more extensive connections between proponents of Bitcoin mining and climate deniers than anticipated. The Bitcoin industry is akin to a house of cards that could topple at any time and people are working hard behind the scenes to ensure its longevity through greenwashing and deceit all at the expense of communities and the climate. The model legislation that advocacy groups are proposing across the country are only aimed at benefiting the miners, securing cheap energy, and ensuring a lack of reporting and transparency for the industry.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Along with the report, Greenpeace USA created an <\/span><a href=\"https:\/\/littlesis.org\/oligrapher\/9187\/share\/3e8097f40a83f468b905\"><span style=\"font-weight: 400;\">interactive power map<\/span><\/a><span style=\"font-weight: 400;\"> that shows the relationships between Bitcoin industry groups, conservative and corporate interest groups, politicians, and other stakeholders highlighted in the report.\u00a0<\/span><\/p>\n<p><b>Johanna Fornberg, Greenpeace USA Researcher said: <\/b><span style=\"font-weight: 400;\">\u201cBitcoin industry groups are caught up in a web that includes some of the most notorious climate denialists. This underscores the need for transparency and accountability within this industry to combat climate and community impacts. We hope to empower communities, policy makers, and investors to better understand the industry they are engaging with. Revealing who has power and influence in this industry is essential for holding them accountable for unsubstantiated claims, climate impacts, and harm to local communities.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin advocacy groups are waging a state-level battle <\/span><a href=\"https:\/\/www.nytimes.com\/2024\/02\/03\/us\/bitcoin-arkansas-noise-pollution.html\"><span style=\"font-weight: 400;\">pushing legislation that will give Bitcoin miners unchecked<\/span><\/a><span style=\"font-weight: 400;\"> ability to operate, exploit resources like energy and water, and shirk accountability to the communities surrounding these often noisy and disruptive Bitcoin mines. This report unmasks the behind-the-scenes players facilitating the advancement of this exploitative industry while <\/span><a href=\"https:\/\/www.theverge.com\/2024\/2\/27\/24079048\/bitcoin-crypto-mining-energy-department-electricity-survey-restraining-order\"><span style=\"font-weight: 400;\">resisting transparency<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Link to Report <\/span><a href=\"https:\/\/www.greenpeace.org\/usa\/reports\/mining-for-power\/\"><b>https:\/\/www.greenpeace.org\/usa\/reports\/mining-for-power\/<\/b><\/a><b>\u00a0 \u200e<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Link to Interactive Map <\/span><a href=\"https:\/\/littlesis.org\/oligrapher\/9187\/share\/3e8097f40a83f468b905\"><b>https:\/\/littlesis.org\/oligrapher\/9187\/share\/3e8097f40a83f468b905<\/b><\/a><b>\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">###<\/span><\/p>\n<p><b>Greenpeace USA <\/b><span style=\"font-weight: 400;\">is part of a global network of independent campaigning organizations that use peaceful protest and creative communication to expose global environmental problems and promote solutions that are essential to a green and peaceful future. Greenpeace USA is committed to transforming the country\u2019s unjust social, environmental, and economic systems from the ground up to address the climate crisis, advance racial justice, and build an economy that puts people first. Learn more at <\/span><a href=\"http:\/\/www.greenpeace.org\/usa\"><span style=\"font-weight: 400;\">www.greenpeace.org\/usa<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greenpeace USA research reveals the intricate web linking the Bitcoin mining industry with the fossil fuel and other polluting industry groups and climate denialists that oppose needed action to address&hellip;<\/p>\n","protected":false},"author":65,"featured_media":7301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"ep_exclude_from_search":false,"p4_og_title":"","p4_og_description":"","p4_og_image":"","p4_og_image_id":"","p4_seo_canonical_url":"","p4_campaign_name":"","p4_local_project":"","p4_basket_name":"","p4_department":"","footnotes":""},"categories":[209],"tags":[50],"p4-page-type":[33],"class_list":["post-2780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-campaign","tag-bitcoin","p4-page-type-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.9 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Greenpeace USA Report Reveals the Puppet Masters Behind Bitcoin\u2019s Expansion - Greenpeace<\/title>\n<meta name=\"robots\" content=\"index, follow, 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