Volcano Bitcoin Mining Gives El Salvador $29 Million Boost
El Salvador taps volcano geothermal energy to mine 474 bitcoins worth $29 million, showcasing renewable Bitcoin mining possibilities.
Tag: El Salvador
Crypto News 7 months ago
Crypto News 9 months ago
First Nation to Buy Bitcoin El Salvador Passes $400 Million in Holdings
El Salvador’s pioneering embrace of Bitcoin as legal tender has paid off, with the country now holding over $400 million worth of Bitcoin.
Crypto News 11 months ago
Presidential Election Puts El Salvador’s Bitcoin Future At A Crossroads
Nayib Bukele must win re-election to ensure that El Salvador continues to support Bitcoin. His odds are very good, but his support is based on other factors.
Crypto News 1 year ago
Bitcoin as Legal Tender: El Salvador’s Risky Financial Maneuver Struggles to Pay Off
El Salvador Bitcoin. Source: RawBeautyPixels/Adobe More than two years after implementing Bitcoin (BTC) as legal tender, El Salvador’s big crypto bet is still struggling to bear fruit. That includes the government’s own BTC investments, which still appear to be underwater due to the president’s ill-timed buys. According to the Nayib Bukele Portfolio Tracker website, the […]
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Uncategorized 1 year ago
Bitcoin Price Up 120% Since El Salvador Became First Nation to Buy 1 BTC A Day
One year ago today, El Salvador announced an ambitious plan to begin adding 1 Bitcoin per day to its national treasury.