The President of El Salvador releases a Bitcoin mining plan powered by volcanic renewable energy

The President of El Salvador releases a Bitcoin mining plan powered by volcanic renewable energy

2021/6/24

The President of El Salvador, Nayib Bukele, shared on Twitter the plan for Bitcoin mining powered by volcanic renewable energy that is currently under construction in the country. The millennial leader wrote that El Salvador was “coming soon” with a “clean hash rate”. El Salvador has 23 active volcanoes, and the thermal energy beneath the surface can generate powerful steam that can generate electricity. Despite being the smallest country in Central America, El Salvador is one of the largest producers of geothermal energy in the world. Geothermal power generation accounts for a quarter of the country's total power generation. In the future, this tropical country may attract miners from all over the world to come to mine.


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