• El Salvador simply began mining bitcoin utilizing the power from volcanoes

    El Salvador has mined 0.00599179 bitcoin, or about $269, with energy harnessed from a volcano.

    President Nayib Bukele – who has banked his political future on a nationwide bitcoin experiment – tweeted early Friday morning that that is the nation’s maiden voyage into volcano-powered bitcoin mining.

    On Tuesday, the president posted a flashy 25-second teaser video, which incorporates pictures of a government-branded transport container stuffed with bitcoin mining rigs, technicians putting in and plugging in ASIC miners, in addition to sweeping panorama aerials of an power manufacturing unit within the thick of a forest, bordering a volcano.

    The video,