El Salvador has declared Bitcoin a legal tender – and now apparently also wants to optimize the environmental balance of the cryptocurrency: As President Nayib Bukele announced on Twitter, volcanic thermal energy must be used to extract Bitcoin in the future. And 100% emission free.


Environmentally friendly BTC mining concept

El Salvador has just introduced the No. 1 cryptocurrency currency at market value as a legal tender, and the country’s government is now using the momentum to kick the drum. Most recently, President Nayib Bukele had Dream beaches and properties in major locations Listed as the virtues of the nation, now he apparently wants to make a small South American country a hotspot for a green Bitcoin mine.

Bukele on Tweet:

“I have just ordered the president of @LaGeoSV (a state-owned geothermal power company) to present a plan that would enable Bitcoin mining facilities with very cheap, 100% clean, 100% renewable, zero-emission energy from the volcanoes.”

It is evolving fast! 🇸🇻 “

And it really happened because just a few hours later, the first results came. President in a new tweet:

“Our engineers were just informed that they have dug a new well that produces about 95 megawatts of 100% clean, 0 geothermal energy emissions from our volcanoes. We’re starting to design a complete Bitcoin mining center around it. What comes from the well is pure water vapor.”

Does Bitcoin need to be greener?

Bitcoin (available for purchase here eToro or Libertex) has long been criticized for being harmful to the environment. Tesla CEO Elon Musk also raised the issue when he announced a few weeks ago that the electric car manufacturer will no longer accept Bitcoin as a means of payment in the future. As justification, Musk mentioned the allegedly too high carbon footprint in the Bitcoin network.

Numerous experts suspect it is actually as dramatic as Musk commented. Since then, the encryption industry has increasingly sought to make Bitcoin or Bitcoin mining more environmentally friendly. This should be achieved, for example, through renewable energy sources for Bitcoin mining. For example, through thermal energy produced by solar systems, wind farms, hydropower plants or volcanoes.

Thanks to its Bitcoin volcanic mining concept, El Salvador could become a pioneer of the “green mine”. Interesting: According to the “Atlas of the World”, the country with the most volcanoes is at least the home America adopted by Elon Musk. Will a volcanic mine soon be used there as well?


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