This Energy-Efficient Bitcoin Mining Plant In El Salvador Is Powered By Volcanoes

Why It’s Lit

Because owning Bitcoin mined from energy-efficient-volcanic energy is a next-level flex.

Believe It Or Not

El Salvador’s Bitcoin mining plant will pump approximately 95MW of 100% clean and 100% renewable energy from their volcanoes to mine cryptocurrency.

This initiative is helping the country connect the 70% of its citizens who currently live without traditional banking services with digital means to pay for goods and services.

Drop This Fact

Thanks to President Nayib Buykele, on September 7, 2021, El Salvador became the first country in the world to make Bitcoin legal tender.

His government went a step further with Bitcoin advocacy by promoting $30 USD in free Bitcoins to citizens who sign up for the national digital wallet known as “Chivo”, which is translated in English as “Cool.” 

Also, foreigners who invest three Bitcoins in El Salvador are granted residency.

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