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Encryption gets hotter: El Salvador officially starts mining Bitcoin using volcanic energy

El Salvador has officially used volcanic energy to mine Bitcoin. President Nayib Bukele announced on October 1 that the so-called “volcano node” mined the first BTC shortly after the installation of mining equipment at a geothermal power plant.

Bukele’s statement lacked details. He did not disclose how many drilling rigs were installed on the Volcanode site, how much electricity the plant has for Bitcoin mining, or how the project will proceed after it is put into operation.

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