Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
⭐ Merited by JayJuanGee (1)
First Bitcoin Mining Pool from El Salvador
After launching their Bitcoin mining project in June this year in El Salvador, Vulcano Energy has announced a new deal with Luxor Technologies to set up the country's first Bitcoin mining pool in America and is working towards making the project a reality.
The news comes from an email from Martinez that says Bitcoin Miner's main goal is to decentralize Bitcoin mining and take advantage of El Salvador's regulatory transparency. We decided to launch one from Salvador. The only country with regulatory transparency and a business climate that provides stability and predictability for Bitcoin trading. This kind of risk-taking of El Salbad is widely read as we can understand from this news.
This volcano has developed a bitcoin mining facility in the western section of Shanta Anna using wind and solar energy sources. And this bitcoin mining project will generate renewable energy with a capacity of 241 megawatts and will be partially used to mine bitcoins and provide cheap electricity to local communities. So that the people of El Salvador are always interested in using this electricity resource and the project will always try to provide the right level of service.
The main interesting point is that the Bitcoin network currently has a hash rate of 458.441 Ehash/s. Despite Bitcoin's low price since 2021, the hash rate and interest of miners to participate in the network has continued to increase. And since the labor force of attraction is in the right mind so far, if the price of Bitcoin increases, the miners' willingness to labor must increase. And the people of El Salvador will try again to increase their project to a more accurate level.
Source link: https://www.forbes.com/sites/digital-assets/2023/10/04/the-first-bitcoin-mining-pool-from-el-salvador-is-here/?sh=1a39646468b1
After launching their Bitcoin mining project in June this year in El Salvador, Vulcano Energy has announced a new deal with Luxor Technologies to set up the country's first Bitcoin mining pool in America and is working towards making the project a reality.
The news comes from an email from Martinez that says Bitcoin Miner's main goal is to decentralize Bitcoin mining and take advantage of El Salvador's regulatory transparency. We decided to launch one from Salvador. The only country with regulatory transparency and a business climate that provides stability and predictability for Bitcoin trading. This kind of risk-taking of El Salbad is widely read as we can understand from this news.
This volcano has developed a bitcoin mining facility in the western section of Shanta Anna using wind and solar energy sources. And this bitcoin mining project will generate renewable energy with a capacity of 241 megawatts and will be partially used to mine bitcoins and provide cheap electricity to local communities. So that the people of El Salvador are always interested in using this electricity resource and the project will always try to provide the right level of service.
The main interesting point is that the Bitcoin network currently has a hash rate of 458.441 Ehash/s. Despite Bitcoin's low price since 2021, the hash rate and interest of miners to participate in the network has continued to increase. And since the labor force of attraction is in the right mind so far, if the price of Bitcoin increases, the miners' willingness to labor must increase. And the people of El Salvador will try again to increase their project to a more accurate level.
Source link: https://www.forbes.com/sites/digital-assets/2023/10/04/the-first-bitcoin-mining-pool-from-el-salvador-is-here/?sh=1a39646468b1