El Salvador Officially Starts Bitcoin Mining

The government of El Salvador has officially started mining bitcoin (BTC) by taking advantage of the volcanoes in the country.

President Nayib Bukele made a speech on Friday. in the statement, โ€œWe are continuing testing and installation but this is the first official bitcoin mining from the volcano.โ€ said.

According to the post made by Bukele, the government’s balance currently has a total of 0.0108 BTC (approximately 4,200 lira).

In a video he shared on September 28, the President showed ASIC devices delivered to a mining facility established in the volcanic region.

Total energy capacity 64.3% of El Salvador’s renewable resources 204.4 MW geothermal power generation has capacity.

El Salvador, which broke new ground by putting bitcoin into circulation at the beginning of last month, with this law chivo It has also launched its official digital wallet, named . Citizens downloading 30 dollars free bitcoin the wallet he won, more than 2.7 million to the user reached.


Image: Nayib Bukele (El Salvador government, image modified by Koin Bulletin)


source site