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El Salvador mines 474 Bitcoins using volcanic energy
El Salvador has demonstrated that Bitcoin can be mined not only with electricity, but also using geothermal energy from the Tecapa volcano.
According to Reuters, El Salvador has successfully mined 473.5 bitcoins over the past three years using geothermal energy from the Tecapa volcano. This mining activity has added $29 million in bitcoin value to the country, bringing its total bitcoin holdings to 5,750, worth nearly $354 million.
The report mentioned that all 300 Bitcoin mining processors currently used in El Salvador are powered by geothermal energy from the Tecapa volcano. The country has allocated 1.5 megawatts of electricity from the 102 megawatts of electricity produced by state-owned power plants specifically for Bitcoin mining. This marks a major shift in El Salvador's Bitcoin mining methods from traditional reliance on electricity and fossil fuels.
According to Reuters, El Salvador has successfully mined 473.5 bitcoins over the past three years using geothermal energy from the Tecapa volcano. This mining activity has added $29 million in bitcoin value to the country, bringing its total bitcoin holdings to 5,750, worth nearly $354 million.
The report mentioned that all 300 Bitcoin mining processors currently used in El Salvador are powered by geothermal energy from the Tecapa volcano. The country has allocated 1.5 megawatts of electricity from the 102 megawatts of electricity produced by state-owned power plants specifically for Bitcoin mining. This marks a major shift in El Salvador's Bitcoin mining methods from traditional reliance on electricity and fossil fuels.
See original
El Salvador mines 474 Bitcoins using volcanic energy
El Salvador has demonstrated that Bitcoin can be mined not only with electricity, but also using geothermal energy from the Tecapa volcano.
According to Reuters, El Salvador has successfully mined 473.5 bitcoins over the past three years using geothermal energy from the Tecapa volcano. This mining activity has added $29 million in bitcoin value to the country, bringing its total bitcoin holdings to 5,750, worth nearly $354 million.
The report mentioned that all 300 Bitcoin mining processors currently used in El Salvador are powered by geothermal energy from the Tecapa volcano. The country has allocated 1.5 megawatts of electricity from the 102 megawatts of electricity produced by state-owned power plants specifically for Bitcoin mining. This marks a major shift in El Salvador's Bitcoin mining methods from traditional reliance on electricity and fossil fuels.
According to Reuters, El Salvador has successfully mined 473.5 bitcoins over the past three years using geothermal energy from the Tecapa volcano. This mining activity has added $29 million in bitcoin value to the country, bringing its total bitcoin holdings to 5,750, worth nearly $354 million.
The report mentioned that all 300 Bitcoin mining processors currently used in El Salvador are powered by geothermal energy from the Tecapa volcano. The country has allocated 1.5 megawatts of electricity from the 102 megawatts of electricity produced by state-owned power plants specifically for Bitcoin mining. This marks a major shift in El Salvador's Bitcoin mining methods from traditional reliance on electricity and fossil fuels.
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