Equipment for mining the first cryptocurrency began to be brought to one of the country’s power plants, which uses geothermal sources to generate energy.
In El Salvador, one of the power plants that uses geothermal sources to generate electricity began to connect equipment for mining bitcoin.
President Nayib Bukele announced this on Twitter . He showed footage of power plant employees connecting ASIC miners. The video also shows how cargo containers with miners arrive at the facility.
First steps…
🌋#Bitcoin🇸🇻 pic.twitter.com/duhHvmEnym
— Nayib Bukele 🇸🇻 (@nayibbukele) September 28, 2021
“First steps,” Bukele captioned the video and added the hashtag #Bitcoin.
In June 2021, the President of El Salvador instructed the head of the state-owned energy company LaGeo, Minor Gil, to start mining bitcoin using “cheap, 100% clean and renewable energy from volcanoes.” LaGeo operates two geothermal power plants located in El Salvador in the Ahuachapan and Berlin regions.
I’ve just instructed the president of @LaGeoSV (our state-owned geothermal electric company), to put up a plan to offer facilities for #Bitcoin mining with very cheap, 100% clean, 100% renewable, 0 emissions energy from our volcanos 🌋
This is going to evolve fast! 🇸🇻 pic.twitter.com/1316DV4YwT
— Nayib Bukele 🇸🇻 (@nayibbukele) June 9, 2021
On September 7, El Salvador entered into force a law granting the first cryptocurrency the status of legal tender on a par with the US dollar.
El Salvador just bought 200 new coins.
We now hold 400 #bitcoin#BitcoinDay 🇸🇻
— Nayib Bukele 🇸🇻 (@nayibbukele) September 6, 2021
On the same day, the country’s authorities bought 550 bitcoin. Later, the President of El Salvador Nayib Bukele announced the purchase of another 150 bitcoin.
We just bought the dip.
150 new coins!
El Salvador now holds 700 coins.#Bitcoin🇸🇻
— Nayib Bukele 🇸🇻 (@nayibbukele) September 20, 2021
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