El Salvador will use volcanic energy to mine Bitcoin

El Salvador will use volcanic energy to mine Bitcoin


A few hours after becoming the first country to authorize Bitcoin as legal tender, El Salvador’s President Nayib Bukele instructed a state-owned geothermal power company to use the country’s volcanic heat to mine cryptocurrency.

Nayib Bukele said, “I just instructed the president of @LaGeoSV (our state-owned geothermal power company) to develop a plan to provide very cheaply, 100% clean, 100% renewable, and zero-emission volcanic energy for Bitcoin mining.

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