Bukele won the Presidential election again with majority in February earlier this year on his Bitcoin promise and eradicate crime.
) was generated by the country’s Tecapa volcano, using 300 mining processors. The country has allocated 1.5 megawatts to cryptocurrency mining out of the 102 MW produced by the state-owned power plant,
El Salvador now holds a total of 5,750 BTC, including the 474 mined BTC, estimated to be worth $354 million. Bukele won the presidential election earlier this year with a majority, primarily on his promises to implement Bitcoin as legal tender and to eradicate crime.Bitcoin mining and its use of fossil fuel has long been a controversial point of discussion in the crypto industry.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
El Salvador launches $360M Bitcoin Treasury monitoring websiteEl Salvador launches a website providing real-time information of its Bitcoin treasury holdings from on-chain data.
Read more »
El Salvador: Hackers leak code of state Bitcoin walletA hacker group has released part of El Salvador’s Bitcoin wallet’s code after exposing the personal data of 5.1 million users for free.
Read more »
Roger Ver Arrest Major Statement Made by Samson MowBitcoin maximalist Samson Mow has shared his take on recent arrest of Bitcoin OG Roger Ver
Read more »
Smart Bitcoin Statement Issued by Michael Saylor as BTC Dumps 4.15%Prominent Bitcoin advocate Saylor has made smart Bitcoin statement, addressing his X community
Read more »
Countdown to Bitcoin Halving: A Feast of Opportunities in the Bitcoin EcosystemAs the Bitcoin halving countdown begins, which segments and tracks within the Bitcoin ecosystem deserve attention?
Read more »
Bitcoin Price Analysis: Is Bitcoin About to Crash Below $60K or Stage a Recovery?Crypto Blog
Read more »