Yet again many unfounded claims about Bitcoin disproved. Such as Dogdyconomists 37,000t of eWaste every year.

Only 60,290 Metric Tonnes of bitcoin mining ASICs have ever been manufactured ! Approximately 65% are still in operation, 23.4% are mothballed awaiting the BTC price to rise, electricity price to fall or waiting for winter as they double up as heating.

Now we have ≈ 11.6% or 6,981 tonnes of mining rigs at end of useful life. Of course, metals are THE most recycled materials, & Bitcoin mines are mostly metal.

After recycling casings, heat sinks & copper coils - (the easy bits) - we are left with roughly 838 t eWaste. Remember this is an ALL TIME figure.

​ Bitcoin was created in 2009, ASICs didn’t really kick in for a few years, so let’s divide over say 9 years. We are now left with 93 t/year eWaste, circuit boards and plastics that may be further recycled.

We only have to compare that to 6,600,000t eWaste from TVs / Monitorsto see we have much bigger problems. Of course, many of these screens & computers will have come from the Banking & Finance industry - That Bitcoin is offsetting.