Volcanic geothermal energy for Bitcoin mining data centers in El Salvador
Jun 10, 2021
Posted by
Eric Bell
Published in
El Salvador
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."
Image from Bukele's twitter post