I can safely say I didn't see this coming -- but super-pro-crypto El Salvador President Nayib Bukele has just instructed the president of their state-owned geothermal electric company, LaGeo, to start offering facilities for Bitcoin mining with super-cheap energy from El Salvador's volcanoes.
Yes, you read that right -- the president of El Salvador is going to be using volcanoes for Bitcoin mining farms, as they offer super-cheap, 100% clean, 100% renewable, 0 emissions energy. Bitcoin and crypto mining farms in general, consume giant amounts of power... so why not tap into volcanoes for energy I guess?
El Salvador President Nayib Bukele tweeted out the news, following up that LaGeo engineers have "just informed me that they dug a new well, that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos. Starting to design a full Bitcoin mining hub around it. What you see coming out of the well is pure water vapor".
Read more: El Salvador President Bukele wants to make Bitcoin legal tender
It's kind of freaking awesome to see volcanoes being used as energy sources for a Bitcoin mining facility, I didn't think I'd see the day... short of us living on an alternate universe where Lex Luthor is using a volcano to power his personal crypto mine or something.
