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El Salvador’s first volcano-powered Bitcoin mining project goes live
El Salvador marks the launch of Lava Pool today, the country’s first Bitcoin mining pool powered by renewable geothermal energy. T he venture, a collaboration between energy company Volcano Energy and tech corporation Luxor Technology, is the country’s first attempt to harness the abundance of renewable geothermal energy for crypto mining. дальше »
2023-10-6 19:35 | |
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Iceland Becomes Largest Bitcoin Hash Rate Producer Per Capita
Iceland has become a powerhouse in the realm of Bitcoin mining due to its abundance of renewable geothermal and hydropower energy. The post Iceland Becomes Largest Bitcoin Hash Rate Producer Per Capita appeared first on BeInCrypto. дальше »
2023-2-22 07:49 | |
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Kenya invites Bitcoin mining firms to tap surplus geothermal power
Kenya is looking to become Africa’s first Bitcoin mining hub by inviting Bitcoin mining companies to use surplus geothermal energy to power their operations, according to local media outlet The Standard. дальше »
2022-6-4 02:30 | |
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Nairobi Based KenGen Allows Bitcoin Miners To Take Benefit From Renewable Energy
Bitcoin miners might soon flood to Nairobi to utilize the geothermal power available for them right now. An energy company makes this power source available and urges miners to purchase it. KenGen operates a renewable energy facility in Olkaria, Nairobi. дальше »
2022-6-4 19:00 | |
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Single inactive volcano has 90% chance of powering El Salvador's Bitcoin City, according to president
According to Nayib Bukele, should the power consumption of the country’s planned Bitcoin City exceed the volcano’s capacity, geothermal energy can be sourced from other sites. дальше »
2022-1-10 23:15 | |
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El Salvador President Fires Back At ‘Bitcoin City’ Critic As BTC Slips Further
Significant amounts of criticisms continue to pour in, barely six weeks after El Salvador President, Nayib Bukele, announced plans by the government to construct a full-fledged Bitcoin city powered by geothermal energy. дальше »
2022-1-8 15:18 | |
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Top Ecologist Expresses Concern Over El Salvador’s Bitcoin Mining Plans With Geothermal Energy
A top environmentalist has cast aspersions on El Salvador’s ambitions to mine Bitcoin with cryptocurrencies. The expert warns of grave dangers associated with the country’s reliance on volcanic energy. дальше »
2021-12-8 13:10 | |
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El Salvador to Build ‘Bitcoin City’ Powered by Geothermal Energy
A volcano-powered Bitcoin City will be partially funded by $1B in government-issued, dollar-denominated, bitcoin bonds via Blockstream’s Liquid Network, a sidechain of the Bitcoin Mainnet. The President of El Salvador, Nayib Bukele, remains bullish about crypto, announcing the construction of an income and property tax-free “Bitcoin City. дальше »
2021-11-22 14:50 | |
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Quicker than IT services, but Bitcoin mining's growth could have these implications
A couple of years ago, the idea of a new volcanic geothermal Bitcoin mining facility would make a good science fiction plot. As this dream becomes reality after the announcement by El Salvador, the woThe post Quicker than IT services, but Bitcoin mining's growth could have these implications appeared first on AMBCrypto. дальше »
2021-10-5 16:30 | |
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El Salvador Mines First BTC Using Volcano Energy
President Nayib Bukele announced that El Salvador has mined a small proportion of its first bitcoin for the first time since officially adopting the cryptocurrency as legal tender, by utilizing power naturally obtained using geothermal power obtained from Volcanos. дальше »
2021-10-4 19:11 | |
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The President Shows El Salvador’s Volcano Bitcoin Mining Rig’s “First Steps”
Many people doubted Nayib Bukele’s Volcano Bitcoin Mining plans, but here we are. The president shared a video via Twitter in which we can see an El Salvador government-branded container arriving at the geothermal power plant. дальше »
2021-9-29 06:31 | |
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El Salvador Progresses With Volcano-Powered Bitcoin Mining Plan
The El Salvadoran government seems to be pushing ahead with its plans for bitcoin mining in the country, which would see the use of geothermal energy to power BTC mining activities in the country. Geothermal Energy for Bitcoin Mining Still in Place El Salvador President Nayib Bukele in a tweet on Wednesday (June 23, 2021),Read More дальше »
2021-6-23 17:00 | |
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The Real Truth about Bitcoin Mining using Geothermal Energy from Volcano in El Salvador
Shortly after announcing bitcoin as a legal tender, the President of El Salvador, Nayib Bukele, proposed a new idea of using geothermal energy to power clean crypto-mining. While media outlets around the world are going a bit wild on this news, we wanted to see how the story plays out. дальше »
2021-6-11 14:45 | |
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El Salvador President Invites Bitcoin Miners To Utilize Volcano Energy
Nayib Bukele, the president of El Salvador, invited bitcoin miners to set up at a state-owned geothermal facility powered by a volcano. дальше »
2021-6-11 18:05 | |
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El Salvador to Mine Bitcoin With Energy From Volcanoes: ‘100% Clean, 100% Renewable, 0 Emissions’
El Salvador has begun exploring bitcoin mining using energy from its volcanoes, President Nayib Bukele has revealed. “Our engineers just informed me that they dug a new well that will provide approximately 95MW of 100% clean, 0 emissions geothermal energy from our volcanos,” he detailed. дальше »
2021-6-10 17:30 | |
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El Salvador Pres Announces Clean Bitcoin Mining Via Volcanic Geothermal Energy: “Going to Evolve Fast”
In a matter of 24 hours, El Salvador President Nayib Bukele has taken his Bitcoin project from ideation to execution as he took to Twitter to share that they are progressing fast in their plan to mine Bitcoin using renewable energy from the country’s volcanoes. дальше »
2021-6-10 16:13 | |
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Fancy a Bitcoin mined via volcano? El Salvador is making that happen
A geothermal pit dug beside a volcano will help power Bitcoin mining operations in El Salvador, the country’s president said in a tweet last night. The post Fancy a Bitcoin mined via volcano? El Salvador is making that happen appeared first on CryptoSlate. дальше »
2021-6-10 10:10 | |
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Iceland Farmers’ Innovative Solution To Bitcoin’s Energy Challenge
Bitcoin’s energy-intensive mining process has been one of its greatest challenges and while various solutions have been proposed, none has quite solved the challenge. However, a group of farmers in a small village in Iceland have found an innovative way to earn cryptos while warming up their houses. дальше »
2018-11-5 21:00 | |
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Vulcano (VULC Token): Smart Cryptocurrency Blockchain Project?
What Is Vulcano? VULCANO (VULC) is a cryptocurrency based on proof-of-stake and masternode that focuses on the research and development of geothermal. VULCANO aims at using blockchain technology as well as distributed consensus to contribute in the raising of funds for use in the advancement of technologies that are earth science-based like geothermal power. The platform […] дальше »
2018-10-26 08:32 | |
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[VIDEO] Latest Blockchain and Crypto News For October 23rd
Gavin Wood’s DIY DLT to Help Users Build and Deploy Do It Yourself Blockchains via Substrate and Polkadot Gavin Wood’s DIY DLT to Help Users Build and Deploy Do It Yourself Blockchains via Substrate and Polkadot Iceland Bitcoin Mining Farm Utilizes Geothermal Energy Production to Offset Crypto Costs Iceland Bitcoin Mining Farm Utilizes Geothermal Energy […] дальше »
2018-10-24 07:32 | |
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Iceland Bitcoin Mining Farm Utilizes Geothermal Energy Production to Offset Crypto Costs
Iceland Mining Farm Presents Energy Use Problem The crypto space has traditionally been an opportunistic advancement for the common man. With enough interest and some technological knowledge, nearly anyone can grab onto the industry and try to make their fortune. дальше »
2018-10-24 00:02 | |
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Wasteful? Iceland Farmers Says Bitcoin Mining is ‘Too Good to Be True’
A relatively small cryptocurrency mining operation in Iceland has come up with a simple, yet effective solution cryptocurrency mining’s electricity issues. It uses excessive geothermal energy from farmers’ machines to power up the mining equipment in a win-win situation. дальше »
2018-10-23 23:00 | |
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Blockchain Project Vulcano Announces Successful Relaunch
Bitcoin Press Release: With an entirely new code base, team, and a passion for the promotion and development of geothermal energy, Vulcano is breaking new ground in the blockchain world. October 19th, 2018, Singapore – Following its abandonment by the original developers, the Vulcano Project has been resurrected and is making fast inroads into business […] The post Blockchain Project Vulcano Announces Successful Relaunch appeared first on Bitcoin PR Buzz. дальше »
2018-10-19 13:51 | |
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Montana Senator: Closing Coal Plant Could Hurt Bitcoin Mining Industry
The crypto industry has scored another first, as a junior U. S. Senator from Montana, Steve Daines, has lobbied against the planned closure of a coal-fired power plant in Rosebud County, arguing that its closure could harm the growing cryptocurrency mining industry in the state. дальше »
2018-8-28 19:11 | |
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Bitcoin Mining Gives Birth To New Industry In Iceland: Data Centre Operations
Iceland will soon have a vibrant data centre operations industry in the country. This latest technology infrastructure expansion within the Nordic nation is the result of the pioneering efforts of bitcoin users who leveraged the supportive geothermal and hydropower conditions in Iceland to build expansive data centres to decode blockchain technologies. дальше »
2018-7-5 22:40 | |
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Cryptocurrency Mining Sparks Both Hope and Ire in Iceland
Cryptocurrency mining has quite an iffy reputation in Iceland as it’s a source of both pain and joy of the local community. Iceland has become a haven for Bitcoin mining due to their favorably cool climate and the cheap cost of geothermal and hydro-powered electricity. дальше »
2018-7-5 16:49 | |
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