Salvadorian president shares video of volcanic -operated Bitcoin mining furnishings - mining Bitcoin messages

On Tuesday, the Salvadorian President Nayib Bukele shared a video of a Bitcoin mine that is operated next to a volcano. On June 9, Bukele spoke about the volcanic Bitcoin mining when he spoke about the "95 MW of 100 % clean, emission-free geothermal energy from our volcanoes".

Nayib Bukele from El Salvador shares a video about the "first steps" behind the volcanic-powered Bitcoin mining building

The President of El Salvador divided a video about the social media platform Twitter, said the "first steps", Since the film shows how ASIC-Bitcoin mining rigs are installed in a geothermal engine. The video shows containers that are decorated with the logos of the Salvadorian government and a large number of ASIC mining devices. The video was viewed around 2 million times on Twitter and Bukele's video tweet has over 50,000 likes and over 12,000 retweets.

first steps ...

🌋 #bitcoin 🇸🇻 pic.twitter.com/duhhhvmenym

- nayib bukele 🇸🇻 (@nayibbukele) 28. September 2021

While many Bitcoin supporters said that the mining system was "impressive", some Salvadorian citizens complained about energy consumption. "So there are centers to produce more energy, but to dig up Bitcoin", a person Asked the Salvadorian President. "People who have been waiting for electricity for over 30 years not that they would help the most needy? Huchler," added the person.

Many people gave the woman to Flak that she had asked Bukele this question, but a number of people stayed for her. "She only wonders how every normal person", another person replied in Tweet-Thread by Nayib Bukele. "Why is there money to build power plants? href = "https://twitter.com/mijail_baikal/status/1443195871307436035?S=20" Rel = "noopener"> added . In addition to the introduction to Vulkan-operated Bitcoin-mining Bukele also the topic in a episode of " what Bitcoin did ."

"Very clean energy source with almost no disadvantages", project construction costs $ 480 million

The Salvadorian president told the host Peter McCormack that "El Salvador was not the country that was recognized as the first country in terms of innovation", but he asked: "Why not this time?"

While Bukele emphasized in his interview that Geothermal energy was a very, very clean energy source "and had" almost no disadvantages ", the Salvadorian president did not deal with the topic that certain Salvadorians have no access to electricity. "The electrification index in El Salvador is currently 83.4%" Latest statistics . Large urban areas in El Salvador have around 97 % access to electricity, while rural regions of the country today have an estimated electrification index of around 72 %.

el Salvador is the largest producer of geothermal energy in Central America and in July the country suffered from a massive power failure . The Regional Operator Entity (EOR), based in El Salvador, informed the press that she had experienced a "load loss of 2,300 megawatts".

The power failure in El Salvador and other regions of Central America cost around $ 18.2 million due to failures. "At that time, our need was around 8,300 megawatts in the central American area. We lost 30 % of the electric power load," said EOR director René González. tells Reporter.

When he spoke to Peter McCormack about the volcano-bitcoin mining experiment, Bukele emphasized that the project would be expensive. "It will cost $ 480 million, so it will be a legacy for the country because we are building an infrastructure paid by Bitcoin," said Bukele in his interview. In addition, it is expected that electricity demand in El Salvador will grow by 5 % annually compared to the previous year.

What do you think of the volcanic Bitcoin-Minen video of the "first steps" that Salvadorian President Nayib Bukele shared? Let us know your opinion on this topic in the comments below.

Photo credits : Shutterstock, Pixabay, Wiki Commons, video divided by Nayib Bukele, Twitter,