According to reports, El Salvador's President Nayib Bukele announced that El Salvador is now in the early stages of building a Bitcoin mining project powered by volcanic resources. The video posted by Bukele initially showed a bird's-eye view of a geothermal energy facility, then cut into footage of cargo trucks and mining machines. The government of this tropical country aims to use the tremendous energy generated by the volcano to mine Bitcoin. This idea was first put forward by the president who loves Bitcoin in a Twitter space conversation. It was previously reported that El Salvador adopted the base cryptocurrency as legal tender on September 7.
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