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El Salvador president wants to use volcanoes for Bitcoin mining farms

El Salvador President Bukele instructs state-owned geothermal electric company to use volcanoes for Bitcoin mining facilities.

Published Wed, Jun 9 2021 7:31 PM CDT   |   Updated Wed, Jul 7 2021 6:35 AM CDT

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.

El Salvador president wants to use volcanoes for Bitcoin mining farms 08 | TweakTown.com
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Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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