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Quote from: Mocha Gilmore on May 03, 2025, 04:47:03 PM
El Salvador launches a project called  volcanic power. This project is designed to provide and supply adequate energies for bitcoin miners in  El Salvador.

DidThis tweet you know thatmentioned may be new but they have been using the volcano energy project called Volcanic Energy in El Salvador has been running for several years now, to my knowledge they've probably been mining Bitcoin using this energy since 2021. We all know that this country has already managed to reserve over 6K BTC, of which they have been able to mine 474 Bitcoins using geothermal energy. Maybe this example will make it clear to you that they have been using volcanic energy for Bitcoin mining for a long time.


Quote
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.

Quote from:  https://www.reuters.com/world/americas/el-salvador-mined-nearly-474-bitcoins-adding-state-crypto-holding-last-three-2024-05-14/
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.
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Scraped on 03/05/2025, 17:34:43 UTC
Quote from: Mocha Gilmore on May 03, 2025, 04:47:03 PM
El Salvador launches a project called  volcanic power. This project is designed to provide and supply adequate energies for bitcoin miners in  El Salvador.

Did you know that the project called Volcanic Energy in El Salvador's volcanic energy project has been in the worksrunning for several years, If I'm not mistaken,to my knowledge they've probably been mining Bitcoin using this energy since 2021. We all know that this country has already managed to reserve over 6K BTC, of which they have been able to mine 474 Bitcoins using geothermal energy. Maybe this example will make it clear to you that they have been using volcanic energy for Bitcoin mining for a long time.


Quote
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.

Quote from:  https://www.reuters.com/world/americas/el-salvador-mined-nearly-474-bitcoins-adding-state-crypto-holding-last-three-2024-05-14/
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.
Original archived Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
Scraped on 03/05/2025, 17:29:48 UTC
Quote from: Mocha Gilmore on May 03, 2025, 04:47:03 PM
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 volcanic energy project has been in the works for several years, If I'm not mistaken, they've probably been mining Bitcoin using this energy since 2021. We all know that this country has already managed to reserve over 6K BTC, of which they have been able to mine 474 Bitcoins using geothermal energy. Maybe this example will make it clear to you that they have been using volcanic energy for Bitcoin mining for a long time.


Quote
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.

Quote from:  https://www.reuters.com/world/americas/el-salvador-mined-nearly-474-bitcoins-adding-state-crypto-holding-last-three-2024-05-14/
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.