El Salvador: Volcanic geothermal energy for Bitcoin mining data centers in El Salvador
Jun 10, 2021 | Posted by Eric Bell
Following El Salvador declaring Bitcoin as legal tender, the country's president Nayib Bukele has instructed state-owned geothermal electric company, LaGeo, to create a plan to offer geothermal energy to Bitcoin mining data centers.
On Twitter, Bukele announced the news, saying: "I've just instructed the president of LaGeo (our state-owned geothermal electric company), to put up a plan to offer facilities for Bitcoin mining with very cheap, 100 percent clean, 100 percent renewable, 0 emissions energy from our volcanos. This is going to evolve fast!"
He followed this by adding that the company's engineers had informed him that they had dug a new well which will provide "95MW of 100 percent clean, zero-emissions geothermal energy from our volcanoes."