The climate activism group partnered with art activist Benjamin Von Wong for its ongoing “change the code, not the climate” campaign that seeks to convert Bitcoin’s consensus mechanism to a proof-of-stake (PoS) model. Greenpeace unveiled the “Skull of Satoshi” as an 11 feet (3.3 metres) tall skull with the Bitcoin logo and red laser eyes, a well known Bitcoin supporter’s meme.
The recycled electronic waste “smoking stacks” on the top of the skull are presumed to serve as the "fossil fuel and coal pollution" brought about by Bitcoin mining and the "millions of computers" used to validate network transactions. When supporters of Bitcoin expressed their admiration for the art piece. Some of them have already adopted it as a quasi-mascot, here the marketing efforts of Greenpeace took an unexpected twist.
The media strategy director at crypto miner Compass Mining called the art piece “badass” and changed his Twitter profile picture to an image of the Skull of Satoshi. The Greenpeace campaign started a year ago with another climate group and Ripple co-founder Chris Larson. It aims to put pressure on bitcoin's main developer miners and it could remove bitcoin from proof-of-work if 30 major institutions agree to the change.