Mozilla Foundation to Resume Crypto Donations

The Mozilla Foundation has decided to resume accepting donations in cryptocurrencies. This was announced by executive director Mark SURMAN. The Fund will not accept PoW cryptocurrencies. The decision to exclude PoW cryptocurrencies is likely to upset the bitcoin community. Its participants argue that concerns about the negative impact of bitcoin on the environment are exaggerated.

Surman explained that PoW cryptocurrencies would significantly increase greenhouse gas footprint, thus preventing the fund from meeting its climate commitments. Mozilla will present a list of cryptocurrencies that will be accepted by the fund by the end of the second quarter of 2022.

The non-profit organization behind the Firefox web browser began accepting donations in cryptocurrency back in 2014. But it pulled the plug on crypto in early January after its tweet caused severe backlash. The decision to suspend donations due to criticism also proved to be controversial, with many members of the cryptocurrency community accusing the foundation of caving to the internet mob.

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