El Salvador president Nayib Bukele floated the idea of a “rent your volcano to mine Bitcoin (CRYPTO: BTC)” policy in the wake of the country’s successful geothermal-powered mining venture. What Happened: On Sunday, Bukele took to X to share the success of El Salvador’s Bitcoin mining venture. He suggested that, given the nation’s abundant geothermal power potential, a business policy of renting volcanoes to mine Bitcoin might “make sense.”  Buke…

Benzinga

New York

United States

El Salvador's President Nayib Bukele Says Renting Out Volcanoes To Mine Bitcoin May 'Actually Make Sense'

Ad Fontes Media

Media Bias/Fact Check

El Salvador was the first country in the world to allow Bitcoin as an official means of payment. Cryptocurrencies have been booming since Donald Trump was elected US president. What does that mean for the Central American state? By Anne Demmer.[more]]]>

Als erstes Land weltweit erlaubte El Salvador den Bitcoin als offizielles Zahlungsmittel. Seit Donald Trumps Wahl zum US-Präsidenten boomen Kryptowährungen. Was heißt das für den mittelamerikanischen Staat? Von Anne Demmer.[mehr]]]>

Was der Bitcoin-Boom für El Salvador bedeutet - und was nicht

Tagesschau

Hamburg

Germany

What the Bitcoin boom means for El Salvador - and what it doesn't

Salvadoran President Nayib Bukele hinted at the possibility of establishing a service to rent a volcano for bitcoin mining purposes. The leader stated that a green energy program harnessing volcano energy “might actually make sense.” President Nayib Bukele Mulls Volcano Renting Business for Bitcoin Mining President Nayib Bukele is aiming to devise a way to... The post President Nayib Bukele Hints at ‘Rent-a-Volcano’ Bitcoin Mining Service appear…

Bitcoin.com

President Nayib Bukele Hints at ‘Rent-a-Volcano’ Bitcoin Mining Service

The famous cryptocurrency continues to break valuation records. It captured the attention again after the election of Donald Trump. An opportunity for those who would never have been interested in the subject to catch up on what they have come in fifteen years. From a relatively confidential subject reserved for obscure engineers when it was launched in 2009, Bitcoin gradually established itself in the public debate, until interfering in the Ame…

La célèbre cryptomonnaie ne cesse de battre des records de valorisation. Elle capte de nouveau l’attention après l'élection de Donald Trump. L’occasion pour celles et ceux qui ne se seraient jamais intéressés au sujet de rattraper leur retardQue de chemin parcouru en quinze ans. D’un sujet relativement confidentiel réservé à d’obscurs ingénieurs lors de son lancement 2009, Bitcoin s’est peu à peu imposé dans le débat public, jusqu’à s’immiscer d…

De paria de la finance internationale à nouvel eldorado, qu'est-ce que Bitcoin et quelle est son histoire?

Le Temps

From an international financial outcast to a new El Dorado, what is Bitcoin and what is its history?

President Nayib Bukele Hints at ‘Rent-a-Volcano’ Bitcoin Mining Service President Nayib Bukele Hints at 'Rent-a-Volcano' Bitcoin Mining Service – …

Cryptocurrency News | Cryptocurrency Prices | Market Cap

President Nayib Bukele Hints at 'Rent-a-Volcano' Bitcoin Mining Service – Mining Bitcoin News

El Salvador is exploring innovative ways to enhance its Bitcoin mining operations, with President Nayib Bukele proposing a unique approach—renting out the country’s volcanoes to miners. The idea, shared in a Nov. 25 social media post on X (formerly Twitter), suggests that miners could tap into the geothermal energy produced by these natural wonders for sustainable Bitcoin mining. The inspiration came from a social media post highlighting El Salv…

CryptoSlate

El Salvador toys with renting 170 volcanoes to Bitcoin miners, aims to disrupt industry

Salvadoran President Nayib Bukele hinted at the possibility of establishing a service to rent a volcano for bitcoin mining purposes. The leader stated that a green energy program harnessing volcano energy “might actually make sense.” President Nayib Bukele Mulls Volcano Renting Business for Bitcoin Mining President Nayib Bukele is aiming to devise a way to […]

Kryptonite to Crypto - All Explained

El Salvador’s President Nayib Bukele proposed an innovative idea to enhance the country’s Bitcoin mining operations by renting out the country’s volcanoes to miners. The geothermal energy from these natural wonders could be used for sustainable Bitcoin mining, which has already powered the mining of 474 BTC valued at $46 million, thanks to El Salvador’s use of geothermal energy. With 170 volcanoes, Bukele suggested a “rent your volcano to mine B…

coinbuzzfeed.com

El Salvador's Volcanoes: The Future Of Bitcoin Mining

Plato. Vertical Search. Ai. | PlatoAiStream. Data Intelligence. Vertical Search. Ai.

El Salvador Toys With Renting 170 Volcanoes To Bitcoin Miners, Aims To Disrupt Industry - Plato Data Intelligence

The Salvadoran president, Nayib Bukele, hinted at the possibility of establishing a service to rent a volcano for bitcoins mining purposes. The leader said that a green energy program that would take advantage of the volcano’s energy “could make sense.” President Nayib Bukele analyzes the business of renting volcanoes for bitcoins mining. [...] La entrada President Nayib Bukele hints at Bitcoin’s mining service ‘Rent-a-Volcano’ was first publish…

El presidente salvadoreño, Nayib Bukele, insinuó la posibilidad de establecer un servicio para alquilar un volcán con fines de minería de bitcoins. El líder afirmó que un programa de energía verde que aprovechara la energía del volcán “podría tener sentido”. El presidente Nayib Bukele analiza el negocio de alquiler de volcanes para la minería de […] La entrada El presidente Nayib Bukele insinúa el servicio de minería de Bitcoin 'Rent-a-Volcano' …

El Salvador's President Nayib Bukele Says Renting Out Volcanoes To Mine Bitcoin May 'Actually Make Sense'

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics