🔎 #MiningTrends: Exploring Global Innovations

we're always on the lookout for innovative mining practices worldwide. Today in our #MiningTrends series, we spotlight El Salvador's groundbreaking use of geothermal energy for bitcoin mining.

🌋 El Salvador has utilized the power of the Tecapa volcano to mine a significant 474 bitcoins since 2021. This geothermal initiative utilizes 300 mining processors and only 1.5 megawatts of the 102 megawatts available from the state-owned plant, showcasing a low-impact use of volcanic energy. This approach positions El Salvador as a leader in sustainable crypto mining.

📈 El Salvador has accumulated 5,750 BTC, now worth about $354 million since declaring Bitcoin legal tender in 2021. This bold financial strategy underscores the country's commitment to integrating digital currency into its broader economic framework, making it a significant player in the global cryptocurrency arena.

🌱 El Salvador's initiative is a beacon for sustainable mining, demonstrating that renewable energy can viably power the crypto sector. This effort is part of a broader movement to reduce the environmental impact of digital currency mining, aligning with global calls for more ecological approaches in the industry.

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