Despite being digital, cryptocurrency is known for having a negative environmental impact.

A new study in Resources, Conservation and Recycling recently examined just how much waste mining Bitcoin generates. According to researchers, cryptocurrency uses 30.7 metric kilotons, or 2.2 million pounds, of equipment per year.

Each bitcoin transaction creates .59 pounds of waste, the equivalent of two iPhone 12 minis. As cryptocurrency grows, the problem with e-waste increases as well. 

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