elSince 2021, the government of El Salvador has been mining approximately 15 Bitcoins (BTC) per month using energy from its volcanoes. According to official records, this initiative has yielded a total of 474 Bitcoins to date, valued at around $29.6 million at current prices.

El Salvador gained international attention in early 2021 when it revealed its strong commitment to Bitcoin. Under President Nayib Bukele, the country made Bitcoin legal tender in September 2021. As part of this strategy, the government harnessed geothermal energy from the Tecapa volcano to mine Bitcoin, leveraging the country’s natural resources for a pollution-free energy source.

The Tecapa volcano generates 102 megawatts (MW) of power, with 1.5 MW dedicated to Bitcoin mining. This accounts for about 0.75% of the plant's total energy output, which is sufficient to run 300 Bitcoin mining processors.

Since adopting Bitcoin, El Salvador has accumulated 5,750 Bitcoins through purchases, in addition to the 474 Bitcoins mined, totaling roughly $354 million at current market prices.

Furthermore, El Salvador's government has supported the establishment of the Bitcoin Office and reported collaborations with various crypto mining groups, including Foundry USA, Antpool, ViaBTC, F2Pool, and Binance Pool. These groups have been actively participating in the country's geothermal-powered Bitcoin mining operations over the past three years.

Recently, El Salvador launched an official Bitcoin-focused website to provide real-time updates on the nation’s Bitcoin assets and activities.

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