09/08/2026
A preciousâmetal refiner in China stunned the internet after revealing how much gold can hide inside mountains of discarded telecom hardware â and how dangerous the process really is.
Known online as âQiao,â the technician posted a video in January 2026 showing barrels of chemical solutions bubbling around heaps of electronic scrap. The materials came from nearly two tonnes of industrial telecom waste: circuit fragments, chip remnants, and assorted components pulled from outdated equipment.
Over multiple stages â dissolving metals, separating alloys, filtering residue, and heating the final concentrate â Qiao extracted a small but valuable yield: 191 grams of refined gold, worth close to 200,000 yuan (about $29,000 USD).
The video exploded online, drawing millions of views and sparking a frenzy of speculation. Many viewers assumed the gold came from old SIM cards alone, triggering a sudden rush to buy used cards in bulk.
But Qiao later clarified to reporters that this belief was completely wrong.
A single SIM card contains less than 0.001 grams of gold.
You would need over a thousand SIM cards just to get one gram â making the idea of âeasy goldâ from phone cards nothing more than a viral misunderstanding.
Despite the warnings, sellers began offering bundles of used SIM cards and even DIY âgold extraction kitsâ for around 485 yuan (about $70), hoping to profit from the hype.
Qiao urged people not to imitate his work. The chemicals involved â including aqua regia â can cause severe injury, and processing electronic waste without proper licensing can lead to legal consequences in China.
A viral video turned into a nationwide gold rush â but the reality behind it was far more complex, dangerous, and tightly regulated than viewers realized.