El Salvador has broken down his first Bitcoin with volcanic energy

El Salvador has broken down his first Bitcoin with volcanic energy

Nayib Bukele-President of El Salvador-recently went to Twitter with a few mining numbers. It seems that the country's developing volcanic mining plant produced its first Bitcoin.

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"We are still testing and installing," said Bukele, "but this is officially the first #bitcoin mining from the #Vulkan."

The President divided A video of the "Vulkanode" a few days ago, including an aerial recording of its new mining system. The film material showed that electricity was generated with the volcano while a man ordered a number of Asics. The unveiling - which he called "first steps" - received very positive feedback on Twitter.

Likewise, Bukele received many congratulations on his milestone today, including from the infamous Bitcoin Hodler Michael Saylor.

Environmentally friendly Hodling and Mining

The new facility contributes to El Salvador's obvious efforts to get as much bitcoin as possible. Less than two weeks ago, the nation bought another 150 Bitcoin, which increases its total stock to 700. This happened only a few days after the country was the first country at all as a means of payment as a means of payment.

It is also an environmentally friendly method of mining by using the unused energy within the volcano without carbon costs. Many criticized Bitcoin's Proof-of-Work system because it is too environmentally harmful due to its energy consumption. However, environmental damage from the largest cryptocurrency tends to be exaggerated, since almost half of all hash power are obtained from sustainable sources.

Even Elon Musk, who no longer accepted Bitcoin payments in May for climate reasons, gives that the network becomes more sustainable.

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