El Salvador Mines 474 Bitcoins Using Volcanic Energy

El Salvador Mines 474 Bitcoins Using Volcanic Energy

Published Wednesday 15th May 2024

El Salvador has made headlines by mining 474 bitcoins using geothermal energy from a volcano. This innovative approach to cryptocurrency mining has helped boost the country's state crypto holdings to 5,750 BTC, which is currently valued at $354 million. This demonstrates El Salvador's commitment to embracing technology and sustainability in the realm of cryptocurrency.

The use of volcanic energy for bitcoin mining is a unique and environmentally friendly method that sets El Salvador apart in the world of cryptocurrency. By harnessing the power of geothermal energy from a volcano, the country is able to mine bitcoins in a cost-effective and sustainable way. This not only reduces the carbon footprint associated with traditional mining methods but also showcases the potential for renewable energy sources to revolutionize the crypto industry.

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