Mining Bitcoins Thanks to Volcanoes: New Surprise by El Salvador

If passing legislation in El Salvador to make Bitcoin legal tender wasn't radical enough, now the country's president, Nayib Bukele, has instructed the state-owned geothermal electricity company to study the possibility of mining Bitcoins. 



Although El Salvador currently imports 19,23% of the electricity it needs, Bitcoin mining (especially at times when demand for electricity is low) can prove to be an efficient way to harness geothermal energy of volcanoes 24 hours a day. And now everyone is asking the same question: will Bitcoin mining, using the energy of volcanoes, turn out to be not only an ecological way of making money for El Salvador, but also profitable? 

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