El Salvador’s Bitcoin Volcano in sight

El Salvador continues its dedication to becoming a global leader in the Bitcoin mining industry through the development of its ambitious Volcano Energy project. The country plans to add 241 MW of renewables and 1.

146 +

Bitcoin Volcano bonds - A Crypto Market Sentiment Report

Bitcoin price action is subdued this week with Mt Gox jitters spooking the market. Blockstream has partnered with El Salvador to issue $1B in Volcano Bonds. It’s this week’s crypto market sentiment report.

133 +

Congolese Refugees Use Bitcoin To Build Grassroots Economy

After the eruption of Mount Nyiragongo volcano on 22 May 2021, a restaurant worker and a blogger teamed up in the city of Goma, Democratic Republic of Congo and taught displaced families how to use Bitcoin.

115 +

El Salvador Mines First BTC Using Volcano Energy

President Nayib Bukele announced that El Salvador has mined a small proportion of its first bitcoin for the first time since officially adopting the cryptocurrency as legal tender, by utilizing power naturally obtained using geothermal power obtained from Volcanos.

163 +

El Salvador Starts Mining Bitcoin via Volcano’s, 42% of Population Already Using Chivo Wallet

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.

238 +

El Salvador Officially Starts Mining Bitcoin Using Power From an Actual Volcano

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.

155 +

First Volcano Bitcoin Mined

92 +

President Bukele Begins 100% Renewable Volcano Bitcoin Mining In El Salvador

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.

196 +

The President Shows El Salvador’s Volcano Bitcoin Mining Rig’s “First Steps”

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.

157 +

Bitcoin Is Absurd, Part I: Volcano Mining And The Banana Republic

A philosophical dive into how truly absurd the slow but sure monetary takeover bitcoin has been experiencing is.

207 +

Volcano Mining And President Bukele ’s Bitcoin Insights

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.

232 +

Will Bitcoin Mining Backed Volcano Bonds Be Enough To Ward Off The IMF?

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.

218 +

The Real Truth about Bitcoin Mining using Geothermal Energy from Volcano in El Salvador

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.

262 +

El Salvador President Invites Bitcoin Miners To Utilize Volcano Energy

Nayib Bukele, the president of El Salvador, invited bitcoin miners to set up at a state-owned geothermal facility powered by a volcano.

162 +

Fancy a Bitcoin mined via volcano? El Salvador is making that happen

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.

184 +

El Salvador to Harness Volcano Powered Bitcoin Mining

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...

202 +

Bitcoin May Actually Be Mined with Volcano Energy in El Salvador

El Salvador President Nayib Bukele has ordered a state company to come up with a plan to mine Bitcoin with volcano energy

183 +