El Salvador president teases geothermal Bitcoin mining farm

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Bukele did not elaborate much on the process shown on the video, only writing “first steps” with a Bitcoin tag alongside emojis depicting a volcano and El Salvador’s national flag. The president’s office did not immediately respond to Cointelegraph’s request for comment.

 

The post comes months after Bukele announced plans to build a geothermal Bitcoin mining facility. The president said in June that he would be instructing state-owned electrical company LaGeo to manage a Bitcoin mining plant powered with “very cheap, 100% clean, 100% renewable, 0 emissions energy.”

 

El Salvador officially accepted Bitcoin as legal tender alongside U.S. dollars on Sept. 7, just three months after the nation’s Legislative Assembly passed the “Bitcoin Law.”

 

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