El Salvador's Bitcoin Mining Using Volcanic Geothermal Power
Wednesday, 15 May 2024, 19:55
El Salvador's Bitcoin Mining with Volcanic Power
El Salvador, under President Nayib Bukele, has embarked on a unique venture by incorporating 300 new processors powered by volcanic geothermal energy for Bitcoin mining.
Key Highlights:
- 474 Bitcoin Mined Since 2021: The country has successfully mined 474 Bitcoin, reflecting a strategic use of renewable energy sources.
- Total BTC Holdings: With the latest addition, El Salvador's total Bitcoin holdings now stand at 5,750, signaling a notable increase in cryptocurrency reserves.
This sustainable approach not only enhances the country's Bitcoin portfolio but also establishes El Salvador as a frontrunner in innovative cryptocurrency mining methods.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.