News El Salvador Plans to Build a 'Bitcoin City' Near a Volcano

[Admin]

El Salvador President Nayib Bukele said the country plans to build a "Bitcoin City" near one of its many volcanoes.

El Salvador Plans to Build a 'Bitcoin City' Near a Volcano : Read more

 

[gargoylenest]

lets put our country economy on a poker bet...

 

[JarredWaltonGPU]

This has so many shades of Far Cry 6's Yara setting. Bukele is really just "El Presidente" Antón Castillo, right? Or maybe he's really Giancarlo Esposito!

 

[samopa]

Somebody, please stop this man, before GPU price sky rocketed to absurdity, and we all back to pre-3dfx era.

 

[gg83]

Hahahaha. When the volcano erupts the bitcoin will be safe in the metaverse.

 

[Deleted member 1353997]

El Salvador Plans to Build a 'Bitcoin City' Near a Volcano
And it will do so near one of the country's volcanoes

Interesting. Any word on whether they'll build it near a volcano?

 

[husker]

I think I missed the part where it is demonstrated that we can convert energy from a volcano into electricity. I know there is extensive use of geothermal energy, particularly in Iceland, but I think the engineering to reliably harness the energy from a volcano has yet to be developed.
That is, other than the secret lair of Dr. Evil. His lair was in a volcano where he was mining for "One million bitcoin!"

 

[JarredWaltonGPU]

Interesting. Any word on whether they'll build it near a volcano?

I hear there's a volcano, near a volcano, that's actually near a volcano! Volcano inception, man.

 

[spongiemaster]

Interesting. Any word on whether they'll build it near a volcano?

The title says near a volcano. For those who thought El Salvador might build a city in Hawaii, or near a volcano somewhere else, the subtitle clarifies that El Salvador will build the city near a volcano in its own country.

 

[derekullo]

An underwater volcano would be ideal.

Near limitless heat for converting to electricity and near limitless heat dissipation with miles of water above you.

 

[JfromNucleon]

Somebody, please stop this man, before GPU price sky rocketed to absurdity, and we all back to pre-3dfx era.

I get where you're coming from, but BTC mining has long been unprofitable to mine on GPU. The one most popularly mined on a GPU rn, is Ethereum

 

[JarredWaltonGPU]

I get where you're coming from, but BTC mining has long been unprofitable to mine on GPU. The one most popularly mined on a GPU rn, is Ethereum

Except tools like Nicehash will mine Ether and pay you in BTC, which effectively means you can mine Bitcoin with a GPU. All the crypto coins that can be mined are largely linked to BTC/ETH prices.

 

[Deleted member 1353997]

The title says near a volcano. For those who thought El Salvador might build a city in Hawaii, or near a volcano somewhere else, the subtitle clarifies that El Salvador will build the city near a volcano in its own country.

Apologies. I thought most people could reasonably assume that countries normally build cities within their own territory, so no such clarification would be needed. Maybe I was wrong.