Bitcoin Mining generated as much e-waste as some countries last year

  • In a yet-to-be-published report by the journal of Resources, Conservation and Recycling estimates that e-waste generated by the Bitcoin network adds up to 30.7 metric kilotons annually as of May 2021, comparable to small IT and telecommunication equipment generated by a country like the Netherlands.
  • Energy used to mine Bitcoin in 2021 has already surpassed 67 TWh consumed during the entirety of 2020 and is expected to touch 91 TWh, or the equivalent of energy consumed by Pakistan.
  • A separate report published in February that cited estimates made by The Cambridge Centre for Alternative Finance said that the Bitcoin network uses more than 121.36 TWh of energy, more than the energy consumption of Argentina.


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