Who would have thought Bitcoin and volcanoes could go together! President Nayib Bukele announced the Conchagua volcano in El Salvador would help power up the nation's upcoming “Bitcoin City”.
El Salvador's President Nayib Bukele has claimed officials will be able to use geothermal energy from one of the country’s inactive volcanoes to power its Bitcoin City project.there was a 90% probability of using the Conchagua volcano to supply 42 megawatts — “enough to provide energy to the entire Bitcoin City,” according to the president.
The Salvadoran leader said the state-owned electrical company LaGeo was continuing to increase its production of geothermal power from different volcanoes in the country, with one of the sites believed capable of producing 95 MW.Conchagua, located near El Salvador’s eastern border and overlooking the Gulf of Fonseca, has had no confirmed historical eruptions.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Noncompete Clause In Lease Bars Tenants From Living Anywhere Else For 90 Days After Moving OutSAN FRANCISCO—Stating that he cannot allow rival property owners to gain a competitive advantage, Bay Area landlord Jeremy Lubbock acknowledged Friday he had added a noncompete clause to his leases that bars tenants from living anywhere else within 90 days of vacating an apartment. “This is a fairly standard practice…
Leer más »
More Than 90 Philadelphia Schools Will Go Virtual This Week Due To COVID-Related Staffing IssuesThe list keeps on growing. The School District of Philadelphia is shifting more schools to virtual learning this week. NewsWakisha reports.
Leer más »
El Salvador’s President calls economist an ‘ID-10t;’ defends Bitcoin volcano miningIt’s not every day you see a country’s head of state and a world-renowned economist getting into a Twitter fight, but that’s exactly what happened on the ninth day of this year. When Johns Hopkins economist Steve Hanke questioned the logic of El Salvador’s energy plan for Bitcoin mining,...
Leer más »
This Metric Might Indicate Bitcoin Short SqueezeBitcoin could be close to reaching the bottom of the ongoing correction, according to this metric
Leer más »
Here's How Much El Salvador's Bitcoin is Currently WorthBitcoin dropped below $41k for the first time since Sept 2021, the same month El Salvador started buying BTC. Here's how much the country's bitcoin portfolio is currently worth.
Leer más »