Volcano Bitcoin Mining Gives El Salvador $29 Million Boost

El Salvador taps volcano geothermal energy to mine 474 bitcoins worth $29 million, showcasing renewable Bitcoin mining possibilities.

May 15, 2024 - 19:50
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Volcano Bitcoin Mining Gives El Salvador $29 Million Boost

El Salvador has mined nearly 474 bitcoins worth around $29 million since September 2021 using geothermal energy from the Tecapa volcano, official data revealed. This boosts the country's total bitcoin holdings to 5,750 BTC valued at over $360 million.

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