Bitcoin, which showed a downward trend after China’s bans, still remains above $ 40,000 and actually continues to give a positive signal.
Analysts think that it is good to wait for the market to become a little clearer in this process, while there is a full bear bull war when the Bitcoin board is examined.
While the Chinese bans are still on the agenda, serious breakthroughs are coming from some countries regarding Bitcoin.
It is known that El Salvador has adopted Bitcoin as its official currency in the past few weeks. Now an attack has come to the mining area.
First steps…
🌋#Bitcoin🇸🇻 pic.twitter.com/duhHvmEnym
— Nayib Bukele 🇸🇻 (@nayibbukele) September 28, 2021
The President of El Salvador, in his post on Twitter, announced that they have established a Bitcoin mining facility by saying “the first step” and that this facility will work with volcanic energy.
In this context, while it is seen that Bitcoin mining is done officially by the state for the first time, it is an important element that mining is done with volcanic energy. Because names like Elon Musk stated that BTC does not use clean energy, and announced that Tesla stopped receiving payments with BTC in the past.
The fact that El Salvador made such a move with natural resources is a positive development in itself.