Post
Topic
Board Speculation
Re: It's a good time for bitcoin
by
peter0425
on 25/06/2021, 05:36:06 UTC
Each day brings companies and institutions that are considering buying one step closer to a very good price.
Not only this some countries wants also to take part in accumulating bitcoin like in El Salvador which are building mining rigs to mine bitcoins maybe because they speculate on what is the future of bitcoin when 90% of the world population decide to use digital currency I can see this China dramas are only manipulated and maybe because they are also buying huge amount of btc secretly well we dont know.
and they are building Mining rigs using power from Volcanos

and this is what the president says.

Quote
In June 2021, El Salvador became the first nation in the world to make bitcoin legal tender. Soon after, President Nayib Bukele instructed a state-owned power company to provide bitcoin mining facilities with cheap, clean energy — harnessed from the country's volcanoes.13 Jun 2021

That will save consuming energy for people but they will create their own energy to mine Bitcoin and maybe other crypto as well.