Bitcoin eWaste per transaction

Some estimates put this at a ridiculous 376g per Transaction (Tr) - er no ❌

Let’s do the maths -

300,000 Tr per day x 365 = 109,500,000 Tr/year

92 tonnes / 109,500,000 = 0.84g eWaste per transaction,

approximately the mass of 1 butterfly 🦋 .

However Transactions are ≈ 2% of block rewards. So only fair to award 2% of ewaste to transactions, the other 98% being awarded to creation of new coins.

0.84g x 2% = 0.0168g = 1 ant 🐜

However, It gets better

Ultimately Lightning transactions will be the norm, of which there may be 10s to 1000s in each channel.

Let’s do more maths -

​

1 transaction to open a lightning channel & 1 to close, divided by number of transactions in the channel.

g/Tr = ( 🐜+🐜 ) ÷ number of Lightning transactions

( 0.0168 x 2 ) ÷ 100 = 0.000336g

A very small grain of sand perhaps ?