El Salvador Mines $29 Million in Bitcoin Using Volcanic Energy Amid Global Scrutiny and Environmental Debate

Since 2021, El Salvador has successfully mined 474 Bitcoin, valued at approximately $29 million, using the renewable geothermal energy harnessed from its Tecapa volcano. The mining operation involves 300 processors and draws 1.5 megawatts from the 102 MW generated by a state-owned plant, as reported by Reuters. El Salvador has taken significant strides in the cryptocurrency realm, especially in integrating renewable energy for Bitcoin (BTC) mining—a sector often criticized for its substantial energy consumption and reliance on fossil fuels. This initiative places El Salvador at the forefront of sustainable BTC mining practices. In a historic move in 2021, El Salvador