Express

El Salvador May Use Volcanic Energy To Mine Bitcoin

Mary Liu

Summary: El Salvador’s President Nayib Bukele announced on Twitter that he has instructed LaGeo, the local state-owned geothermal power company, to develop a plan to mine Bitcoin by volcanic energy.  The President stated that mining will be extremely low-cost, 100% clean, 100% renewable, and zero-emission energy from volcanoes.  Earlier today, El Salvador voted to make Bitcoin the ...

El Salvador’s President Nayib Bukele announced on Twitter that he has instructed LaGeo, the local state-owned geothermal power company, to develop a plan to mine Bitcoin by volcanic energy. 

The President stated that mining will be extremely low-cost, 100% clean, 100% renewable, and zero-emission energy from volcanoes. 

Earlier today, El Salvador voted to make Bitcoin the country’s legal tender.

By Mary Liu

Last Update:

Tags: ,,
Link: El Salvador May Use Volcanic Energy To Mine Bitcoin   [Copy]
  • The Future of Blockchain: How Modularity is Revolutionizing the Industry 7 hours ago
  • Parallelized EVMs: The Solana Killer? 4 days ago
  • Bitcoin: The Ultimate Memecoin? 9 days ago
  • Memecoin Mania: Is it Here to Stay or Should You Avoid? 10 days ago
  • LayerZero vs Wormhole vs Axelar vs Chainlink: What’s the Best Interoperability Protocol? 12 days ago
  • You need to login to comment.