President Nayib Bukele has introduced a new initiative to launch a program that leverages volcanic energy for Bitcoin mining.
Key Facts:
Eco-Friendly: Geothermal energy is a clean and renewable resource.
Proven in Practice: 474 BTC (approximately $46 million) have already been mined using this technology.
Vast Potential: The country is home to 170 volcanoes, offering significant opportunities for expansion.
Project Mission: To attract miners and investors while positioning El Salvador as a hub for eco-friendly mining. Next steps include developing infrastructure and establishing a regulatory framework.