Nayib Bukele Announces Bitcoin Earnings

Although it and its use and consumption are virtual, cryptocurrencies are often at the center of criticism due to their production conditions. Energy consumptionThe production of cryptocurrencies is considered dangerous for the future of resources in the world, due to its carbon footprint and environmental damage. Iran blamed cryptocurrency miners for power outages. China for similar reasons. to cryptocurrency waged war against As a matter of fact, studies show that there is a harm in this direction.

According to a study by economists from the Massachusetts Institute of Technology (MIT), it was determined that a single Bitcoin transaction produces the same amount of electronic waste as throwing two iPhones away, and experts said that about 33,800 tons of electronic garbage is produced annually. The country of El Salvador, located in Central America, has recently tried a different method. with volcanic energy He started mining Bitcoin. El Salvador’s President Nayib Bukele said that what they produced in Bitcoin with volcanic energy a little funny, a little interesting announced the dollar amount.

Here is that fascinating amount:

Some people said that El Salvador started mining Bitcoin with this production technique.is on its way to becoming the richest country in the world.” he commented. El Salvador’s President Nayib Bukele uses geothermal power from volcanoes. That they generated a total of $269 in Bitcoin explained. Time will tell if this is a start or if dreams of becoming the richest country in the world end before they begin.