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😱🇸🇻⛰️El Salvador produced 474 Bitcoins with geothermal energy
It was stated that #ElSalvador , which recently launched a website showing the number of Bitcoins in its possession and currently has 5750 BTC, has also mined 474 Bitcoins through geothermal energy since 2021.
The total value of Bitcoins held by the Latin American country is around $ 355 million.
El Salvador, which made Bitcoin the official currency in the country along with the US dollar in 2021, has also begun to make progress in mining. Due to the volcanoes that are common in the Latin American country, mining can be done with edible energy thanks to the heat energy obtained from underground. It was stated that 474 Bitcoins have been issued in the country since 2021.
According to information obtained by the news agency Reuters from official sources, the government of president #NayibBukele , who was re-elected this year, has allocated 1.5 megawatts of a 102-megawatt energy facility located in the Tecapa volcanic region to Bitcoin mining. The total number of Bitcoins produced here was 474 BTC in 3 years. It was also informed that 300 units of the device carried out the mining activity.
As it is known, Bitcoin mining activities have been creating a debate about the source of energy spent for many years. Especially while the Western world argues that mining with fossil fuels should not be done, Bitcoin supporters suggest that fossil fuels should be extracted from many more areas before Bitcoin mining and a fair amount of money such as Bitcoin should not be applied in this regard.
Geothermal energy mining activities in El Salvador are carried out entirely through renewable and clean resources Jul.
