El Salvador president revealed official mining of first bitcoin using volcanic energy.
- The news follows the Salvadoran president’s announcement earlier this week that the country was taking its “first steps” toward harnessing volcanic energy for bitcoin mining.
- Following the approval by El Salvador’s congress for the adoption of bitcoin as legal tender in June, state-owned geothermal electric company LaGeo is now allowing bitcoin miners to tap the country’s volcanic resources.
- With 20 “potentially active” volcanoes according to VolcanoDiscovery.com, accounting for almost 22% of the country’s energy supply, El Salvador’s search for clean, renewable energy to power bitcoin mining could be over.
Via this siteFirst Bitcoin Mined in El Salvador With Volcanic Energy
