El Salvador’s president teases geothermal Bitcoin mining farms

The President of El Salvador, Nayib Bukele (Nayib Bukele) shared a video showing the clear progress of Bitcoin in the country (Bitcoin) A mining plant powered by volcanic geothermal energy.

The video shows an overview of the power generation facility, and technicians are using crypto mining equipment.

Bukele did not elaborate on the process shown in the video, except that he wrote the “first step” with the bitcoin label next to the emoji depicting the volcano and the El Salvador flag. The president’s office did not immediately respond to Cointelegraph’s request for comment.

This post was published a few months after Booker Announced plans to build a geothermal Bitcoin mining facilityThe President stated in June that he would instruct LaGeo, a state-owned electric company, to manage a Bitcoin mining plant that uses “very cheap, 100% clean, 100% renewable, and zero-emission energy.”

Savior Officially accept Bitcoin Worked with the U.S. dollar as legal tender on September 7th, only three months later The National Legislative Assembly passed the “Bitcoin Law”. “

related: Bitcoin’s power consumption this year has surpassed all of 2020

The latest move by the government of El Salvador reaffirms the huge potential of Bitcoin supporters to use large amounts of renewable energy to reduce BTC’s carbon footprint. Including hydropower, Solar and wind energy.

According to Tesla CEO Elon Musk, Bitcoin has Reach the benchmark of renewable energy In July, this indicated that the percentage of renewable energy used “may reach or exceed 50%”.