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RT — El Salvador wants to power crypto mines with ‘100% cheap, renewable’ VOLCANO energy, after adopting bitcoin as legal tender

Summary:
President Nayib Bukele of El Salvador is moving fast on his pledge to embrace bitcoin as another legal tender, already opening a new geothermal well that would use clean geothermal energy to power the cryptocurrency mines.On Wednesday, Bukele tweeted that he had instructed the state-owned geothermal electric company LAGeoSV to power bitcoin mines with “very cheap, 100% clean, 100% renewable, 0 emissions energy from our volcanos.”.…Competing.RTEl Salvador wants to power crypto mines with ‘100% cheap, renewable’ VOLCANO energy, after adopting bitcoin as legal tender

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President Nayib Bukele of El Salvador is moving fast on his pledge to embrace bitcoin as another legal tender, already opening a new geothermal well that would use clean geothermal energy to power the cryptocurrency mines.

On Wednesday, Bukele tweeted that he had instructed the state-owned geothermal electric company LAGeoSV to power bitcoin mines with “very cheap, 100% clean, 100% renewable, 0 emissions energy from our volcanos.”.…

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El Salvador wants to power crypto mines with ‘100% cheap, renewable’ VOLCANO energy, after adopting bitcoin as legal tender
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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