According to its President Nayib Bukele, El Salvador has officially started using volcanoes for bitcoin mining.
According to Nayib Bukele So far, 0.0059 BTC worth $ 260 has been mined.
— Nayib Bukele ?? (@nayibbukele) October 1, 2021
“We’re still testing and installing, but this is officially the first bitcoin mining from a volcano,” Bukele tweeted, providing a breakdown of the mining rewards for now.
We’re still testing and installing, but this is officially the first #Bitcoin mining from the #volcanode ?
— Nayib Bukele ?? (@nayibbukele) October 1, 2021
Bitcoin is mined using geothermal energy generated by volcanoes in the region. The country is highly dependent on geothermal energy and is one of the largest producers of it in the world.
This came after Bukele tweeted a video on September 28 showing the delivery and installation of mining rigs at a facility in El Salvador. In the video, you can see ASIC miners are being installed and connected.
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