2021-10-3 18:16 |
Volcano Mining El Salvador has officially begun to mine Bitcoin using the power harnessed from a volcano — and has made 0. 00599179 bitcoin, or about $269, according to a tweet by president Nayib Bukele. origin »
|
El Salvador has officially started mining Bitcoin using power harnessed from a volcano. “We’re still testing and installing, but this is officially the first Bitcoin mining from the #volcanode,” tweeted President Nayib Bukele on Friday.
2021-10-2 19:43 | |
|
|
2021-10-2 17:09 | |
|
|
On Tuesday Nayib Bukele, President of El Salvador, released a new video showing a geothermal facility with Bitcoin mining machines operating on the side of a volcano.
2021-9-30 18:43 | |
|
|
Many people doubted Nayib Bukele’s Volcano Bitcoin Mining plans, but here we are. The president shared a video via Twitter in which we can see an El Salvador government-branded container arriving at the geothermal power plant.
2021-9-29 06:31 | |
|
|
A philosophical dive into how truly absurd the slow but sure monetary takeover bitcoin has been experiencing is.
2021-7-2 01:02 | |
|
|
As El Salvador prepares for the Bitcoin law to come into force, Bitcoinist keeps analyzing President Bukele ’s words. And he keeps using the right ones, “The Bitcoin system is so perfect, that I think it’s going to be the future.
2021-6-26 03:59 | |
|
|
El Salvador passed a bill making Bitcoin legal tender this week, putting it on equal footing with the country’s official national currency, the U. S dollar. While this was celebrated as a victory for Bitcoin, the International Monetary Fund (IMF) has since voiced its concerns with the move.
2021-6-11 15:00 | |
|
|
Shortly after announcing bitcoin as a legal tender, the President of El Salvador, Nayib Bukele, proposed a new idea of using geothermal energy to power clean crypto-mining. While media outlets around the world are going a bit wild on this news, we wanted to see how the story plays out.
2021-6-11 14:45 | |
|
|
Nayib Bukele, the president of El Salvador, invited bitcoin miners to set up at a state-owned geothermal facility powered by a volcano.
2021-6-11 18:05 | |
|
|
A geothermal pit dug beside a volcano will help power Bitcoin mining operations in El Salvador, the country’s president said in a tweet last night. The post Fancy a Bitcoin mined via volcano? El Salvador is making that happen appeared first on CryptoSlate.
2021-6-10 10:10 | |
|
|
The president of El Salvador, Nayib Bukele, has just instructed LaGeo, a subsidiary of the Lempa River Hydroelectric Executive Commission, to facilitate volcano powered bitcoin mining. He said: “I’ve just...
2021-6-10 21:50 | |
|
|
El Salvador President Nayib Bukele has ordered a state company to come up with a plan to mine Bitcoin with volcano energy
2021-6-10 21:05 | |
|
|
Powers Combined Even if the crypto market isn't exactly growing in terms of profit, miners it are certainly increasing their energy consumption. The New York Times reported this week that just seven of the biggest Bitcoin mining companies are now using nearly as much electricity as all the homes in Houston combined, meaning that all crypto mining […]
We are very sorry to inform you that the Bitcoin bros are so not OK that some of them have begun believing that the cryptocurrency was sent down by the Christian God himself. "This is the genius of God," Tomer Strolight, a former nonbeliever who got into Bitcoin and subsequently got baptized because of it, […]
Free Fallin' Blockchain woes continue. Bitcoin lost 38 percent of its value in June alone, making this past month the worst in crypto's 12 year history, CNBC reports. Meanwhile, Ethereum's coin (ETH) rang in at an astonishing 47 percent value loss, and industry leaders crumble across the board — major crypto hedge fund Three Arrows […]
No Worries! In news that we definitely, one hundred percent believe, with absolutely no hesitance: Alex Mashinsky, CEO of anguished crypto lending firm Celsius, did NOT attempt to flee the US amid the ongoing bitcoin crash, as a Celsius spokesperson has clarified to Cointelegraph.
Tick Tick Boom For weeks now, a bill that would ban all crypto mining that uses fossil fuels has languished on the desk of New York's governor, which begs the question — what now? This dramatic story, as reported by The Daily Beast, has gone mostly underreported this week as both the stock market and the […]
Fool Me Once Bill Gates really, really, really hates cryptocurrency. The billionaire Microsoft founder has not been shy about his stance on digital coins in the past, arguing with Dogecoin-pushing rival Elon Musk over the currencies' viability and calling out Bitcoin mining operations for their destructive environmental impact. Now, in the wake of the sudden […]
