Here's something wild: your phone is literally carrying treasure.



Tucked inside every smartphone is roughly 36 milligrams of gold. Sounds tiny, right? But here's the kicker—if you were to mine that same amount from the ground the old-fashioned way, you'd need to dig through 3 kilograms of dirt.

That's the reality of traditional extraction. Makes you wonder what "mining" really costs.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
ThesisInvestorvip
· 12-07 15:51
36 milligrams? I still have some mining power in my phone. I’d have to smash it open to dig it out, right?
View OriginalReply0
TokenAlchemistvip
· 12-07 15:50
lol so basically phones are just concentrated value extraction machines... wonder what the actual marginal cost curve looks like when you factor in e-waste handling & recycling infrastructure inefficiencies. bet the traditional mining extraction ratio is even worse than stated tbh
Reply0
FOMOSapienvip
· 12-07 15:45
No wonder people have started recycling old phones—the business is deeper than I thought.
View OriginalReply0
DegenWhisperervip
· 12-07 15:24
36 milligrams of gold? Ha, should have recycled the phone long ago.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)