El Salvador launches a project called volcanic power. This project is designed to provide and supply adequate energies for bitcoin miners in El Salvador.
El Salvador's volcanoThe volcanic energy project
in El Salvador has been
in operationrunning for
a longquite some time
if. If I
am'm not
wrongmistaken, they
have've probably been
diggingmining Bitcoin using this
powerenergy since 2021. We all know that this country has already
been ablemanaged to reserve
more thanover 6K BTC,
out of which they have been able to
excavate 5 Bitcoin geometablemine 474 Bitcoins using geothermal energy.
Make every watt count and turn it into an opportunity. 🚀
A few years ago I read in an article that the country's power plant was capable of producing 102 megawatts of electricity but El Salvador used 1.5 megawatts of electricity from there for Bitcoin mining.
The administration of Bitcoin enthusiast President Nayib Bukele, who earlier this year was reelected to a second term, has installed 300 processors to "mine" bitcoins from the volcano. Of the 102 megawatts (MW) produced by the state-owned power plant, 1.5 MW are devoted to cryptocurrency mining.