A Bitcoin Journal contributor says cryptocurrency mining supplies an incentive to cut back the era of e-scrap via the resale of used items.
The opinion piece pushes again on the narrative that BitCoin mining produces alarming portions of trashed electronics.
It was printed in response to protection by quite a few media shops, including E-Scrap News, about new analysis on Bitcoin mining’s e-scrap influence. Contributing to that analysis was Alex de Vries, an skilled on the environmental impacts of cryptocurrency mining. E-Scrap Information journal published an in-depth interview with de Vries in spring 2020.
Within the newest Bitcoin Journal piece, a author utilizing the pen identify “Shinobi” factors out that Bitcoin mining produces solely a tiny fraction of the e-scrap generated globally. The waste of electronics is a consumerism downside, not a Bitcoin downside, he argues.
Due to manufacturing limitations, he notes that higher miners (computing gear used for Bitcoin mining) aren’t hitting the market as quick as they as soon as did. In consequence, demand for used units stays sturdy.
“Miners aren’t simply getting tossed out right into a landfill when a more recent, extra environment friendly machine comes out, they’re being resold to be plugged in some other place and proceed mining,” he wrote. “Main producers are actually even providing teaching programs to show folks the best way to keep and restore older gear.”
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