News El Salvador’s Going to Mine Bitcoin with Volcanic Energy

[Admin]

El Salvador President Nayib Bukele announced that the country is planning to use volcanic energy to mine Bitcoin.

El Salvador’s Going to Mine Bitcoin with Volcanic Energy : Read more

 

[spongiemaster]

Dr Evil would be proud. Will their be sharks with lasers on their heads protecting the mining farms?

 

[jkflipflop98]

Emissions free. . . for now

 

[salgado18]

The incredible capability to generate clean and renewable energy from a volcano... used to create digital tokens that fluctuate in perceived value based on some rich guy's tweets.

What bothers me is that they could close fossil- and coal-based powerplants, and potentially sell the excess energy (if any) to earn more money to develop the country, but instead the guy just wants to sail a boat that's not even legal yet.

Never vote on populists, please.

 

[Kamen Rider Blade]

El Salvador decision to use this "Green Power" for BitCoin / CryptoCurrency instead of helping it's people lower "Electrical Costs" should be a HUGE Red Flag to anybody in El Salvador.

 

[Geef]

Lets see...

Bukele said in a follow-up tweet that LaGeo’s engineers dug a new well on Wednesday capable of providing “approximately 95MW of 100% clean, 0 emissions geothermal energy” from El Salvador’s volcanoes.

In their lava and gasses volcanos emit: H2O, CO2, SO2, HCl, H2S, CO among other things. Digging a hole to let those escape into the atmosphere is N-O-T 100% clean with 0 emissions like they say.