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A public-private partnership in El Salvador will pump $1 billion into creating one of the world's largest bitcoin mining farms, the group called Volcano Energy announced on Monday. The project will start with an initial $250 million, backed by "key Bitcoin industry leaders" in collaboration with renewable energy developers, Volcano Energy said in a statement. El Salvador's state "Bitcoin Office" retweeted the news on its Twitter. The presidential office did not immediately respond to a request for comment. #elsalvador #nayibbukele #bitcoin #mining #cryptoonindia
A public-private partnership in El Salvador will pump $1 billion into creating one of the world's largest bitcoin mining farms, the group called Volcano Energy announced on Monday.

The project will start with an initial $250 million, backed by "key Bitcoin industry leaders" in collaboration with renewable energy developers, Volcano Energy said in a statement.

El Salvador's state "Bitcoin Office" retweeted the news on its Twitter.
The presidential office did not immediately respond to a request for comment.

#elsalvador #nayibbukele #bitcoin #mining #cryptoonindia
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