El Salvador Takes “First Steps” Towards Volcano Powered Bitcoin Mining
Knowing that his country is still the center of attention of the crypto world, El Salvador’s President Nayib Bukele keeps the momentum going as he shared a “teaser” on Twitter, showing a video of what looks to be a Bitcoin mining plant fueled by volcanic geothermal energy.
Bukele had already hinted towards the use of the country’s volcanos for mining the top cryptocurrency. Back in June he had said that state-owned electrical company LaGeo would manage a Bitcoin mining plant powered with “very cheap, 100% clean, 100% renewable, 0 emissions energy.”
The president fed into the mystery of the video, which is showing a power generation facility and engineers enabling crypto mining rigs. His tweet included nothing else than the words “first steps” and some emojis.
— Nayib Bukele (@nayibbukele) September 28, 2021
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Author: Peter Siu