The President Shows El Salvador’s Volcano Bitcoin Mining Rig’s “First Steps”

The President Shows El Salvador’s Volcano Bitcoin Mining Rig’s “First Steps”

Many people doubted Nayib Bukele’s Volcano Bitcoin Mining plans, but here we are. The president shared a video via Twitter in which we can see an El Salvador government-branded container arriving at the geothermal power plant. The reveal is that the container is full of Bitcoin mining rigs and you can see the technicians plugging […]


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El Salvador president teases geothermal Bitcoin mining farm

El Salvador’s president showed the supposed first steps of a geothermal Bitcoin mining facility. Salvadoran President Nayib Bukele shared a video showing the apparent progress of the country’s Bitcoin (BTC) mining plant powered by volcanic geothermal energy.The video shows an overview of a power generation facility, with technicians enabling crypto mining rigs.First steps... #Bitcoin pic.twitter.com/duhHvmEnym— Nayib Bukele (@nayibbukele) September 28, 2021 Bukele did not elaborate much on the process shown on the video, only writing “first steps” with a Bitcoin tag alongside emojis....

President Bukele Teases El Salvador’s Volcano-Powered Bitcoin Mining Preview

El Salvador President Nayib Bukele gives a sneak-peek into upcoming Volcano-powered Bitcoin mining farms. President Bukele Releases Preview El Salvador’s President, Nayib Bukele, used Twitter to give an early peak at the planned Bitcoin mining setup, which would be powered by volcanoes. Earlier this month, Salvador became the first country in the world to recognize […]

President Bukele Begins 100% Renewable Volcano Bitcoin Mining In El Salvador

On Tuesday Nayib Bukele, President of El Salvador, released a new video showing a geothermal facility with Bitcoin mining machines operating on the side of a volcano.

Salvadoran President Shares Video of Volcano-Powered Bitcoin Mining Facility

On Tuesday, Salvadoran president Nayib Bukele shared a video of a bitcoin mine operating adjacent to a volcano. Bukele discussed the volcano-powered bitcoin mining on June 9 when he talked about the “95MW of 100% clean, 0 emissions geothermal energy from our volcanos.” El Salvador’s Nayib Bukele Shares a Video of the ‘First Steps’ Behind the Volcano-Powered Bitcoin Mine Construction The president of El Salvador shared a video via the social media platform Twitter that said “First steps,” as the film shows ASIC bitcoin mining rigs....

El Salvador prepares 20 bills to provide legal framework for Bitcoin bonds

The raft of bills will help El Salvador’s government establish the legal and financial framework for the $1 billion Bitcoin bond issue, known as Volcano Bonds El Salvador’s government, led by President Nayib Bukele, has moved ahead with plans to issue Bitcoin bonds by preparing 20 bills designed to provide a legal framework for them.Head of the Treasury Alejandra Zelaya told El Salvadoran media El Mundo on Jan. 4 that the bills will cover regulations about issuing securities as cryptocurrency to ensure the viability of the Bitcoin bonds that were proposed in Nov. 2021. He said:"[This is]....