El Salvador President Nayyib Bukele posted a short video of a geothermal bitcoin mining project.
Nayib Bukele tweeted that these are just “first steps.” The video shows a fairly large-scale complex of buildings, enveloped in clouds of steam from hot springs. It is these sources that will provide the necessary energy – steam will be directed to turbines that generate energy.
First steps…
#Bitcoin pic.twitter.com/duhHvmEnym
– Nayib Bukele (@nayibbukele) September 28, 2021
Also in the video of the President of El Salvador, trucks with containers of devices for cryptocurrency mining are shown. Later, the ASIC miners themselves are visible, as well as the engineers connecting the equipment to the network. So far, ASIC miners have not been launched, however, the El Salvadorian authorities are trying to speed up the start of the project as soon as possible.
As a reminder, since September 7, Bitcoin has become legal tender in El Salvador. Within 20 days, the number of users of the Chivo cryptocurrency wallet, supported by the country’s authorities, exceeded the number of clients of any Salvadoran bank. However, a significant proportion of the app’s installations could have been made by people from other countries “out of pure curiosity.”
The plans to launch bitcoin mining at the facilities of geothermal power plants became known back in June this year. Then Bukele reported that the capacity of the new geothermal station would be 95 MW.
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