El Salvador's ‘Bitcoin Office' Reports Volcano-Based Geothermal System Mined 474 BTC in Three Years: Report
Geothermal Mining in El Salvador: The Future of Bitcoin? The small Central American country of El Salvador has been making big waves in the world of cryptocurrency lately. With the recent announcement of making Bitcoin legal tender, the country has become a hot topic in the crypto community. But, it's not just the adoption of Bitcoin that's catching people's attention. El Salvador is also making headlines for its unique approach to mining the digital currency. The Power of Volcanoes for Bitcoin Mining El Salvador sits on the Pacific Ring of Fire, a region known for its high volcanic activity. And the country is taking full advantage of this natural resource for Bitcoin mining. The National Bitcoin Office has set up a geothermal system near the Izalco volcano, which has been operational for the past three years. This system uses the intense heat generated by the volcano to power the mining rigs and extract Bitcoin from the blockchain. 474 BTC Mined in Three Years ...