30.7 Metric Kilotons per Year: New Study Reveals Bitcoin’s Growing E-Waste Problem

“The lifespan of bitcoin mining devices remains limited to just 1.29 years. As a result, we estimate that the whole bitcoin network currently cycles through 30.7 metric kilotons of equipment per year.”
– Researchers Alex de Vries and Christian Stoll, on the cryptocurrency’s growing e-waste problem. Their study, published in the journal “Resources, Conservation and Recycling,” shows that, on average, bitcoin generates 272 g of e-waste per transaction. “That’s the weight of two iPhone 12 minis.”
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