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Mozilla is pausing cryptocurrency donations and reviewing it in relation to its climate policy (twitter.com)

submitted 2 years ago* (last edited 2 years ago) by Nyaa@lemmy.ml to c/firefox@lemmy.ml

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A few days ago I posted about how Mozilla accepting cryptocurrency had created a stir, Mozilla has listened to people's responses and is halting cryptocurrency donations until they review the current state of crypto to see if it is in line with their stance on the climate. They have said they will have an open and transparent process involving this.

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[–] thoughtcrime@lemmy.ml 0 points 2 years ago

Mining is the process of creating new coins, but these new coins are created when you add a transaction to the public ledger. You cannot dissociate mining from transactions, mining is in fact how the networks's keepers are paid for maintaining the network and processing transactions. It is this way because it was supposed that BitCoin transactions would be free, but now you are almost always required to pay a fee to get miners interested in adding you to the block