Topic: 1b usd renewable energy bitcoin farm investment in El Salvador (Read 135 times)

You mean tricking people into buying a Visa that essentially offers nothing compared to others LATAM that cost 10 times less?
Yeah, no surprise coming from a lying pos like Bukele!
How is that renewable volcano energy mining going? Pretty well as Salvador is just importing more LNG than ever to keep lights on!

Salvador came up with the most profitable mining in the world!

El Salvador unveils BTC ‘Freedom Visa’ — but it’s 10x the cost of others
The same citizenship-by-investment schemes in nearby Caribbean nations start at $100,000, and one EU country has a citizenship pathway for just over $800,000.
El Salvador has launched a new citizenship-by-investment program that grants a residency visa and pathway to citizenship for 1,000 people willing to stump up a $1 million Bitcoin investment in the country.
https://cointelegraph.com/news/el-salvador-bitcoin-freedom-visa-more-expensive-citizenship-by-investment

Bs!
https://www.iea.org/articles/korea-electricity-security-policy

208TWh of coal, 188 TWh of gas, 158Twh of nuclear, 23 TWh of solar.
You really think those panels are what keeps lights on in South Korea? 100MW of solar, 1 million houses, 3 peak hours of sun in winter, 0.3kwh per house per day, 10 kwh a month, does that seem right to you in a country that has an energy consumption of per capita 10,290 kWh a year? Common!


 

As for how they will store the electricity generated by the solar plants for use at night and non-sunny weather, that  will be greatly dependent on the energy storage facilities they put in place. Since it is not always sunny, there are storage facilities that energies can be stored on with includes lithium batteries. Much better than those lithium batteries are other powerful reusable batteries currently produced in advanced countries like Seoul, Singapore and China where they even plant micro solar panels that will go in search of sun to power the systems.

In a city like Seoul which experiences a humid continental climate with dry winter, which sometimes drop below the freezing degree but yet have an uninterrupted power supply using solar to power almost a million households in the smart city with over 100 MW solar power generated and used by public buildings.

These electricity generated are stored in powerful lithium-ion, lead acid and flow batteries for use when the sun is no longer shining. The interesting part of this news is the fact that El Salvador is driving his economy into a greener, cleaner and sustainable environment with the deliberate use of the Bitcoin technology to support the digital world. He's indeed an Ambassador of his own rights really to have continued to make headlines. It is better if other leaders adapt to this new fresh way of life.

Volcano Energy said the funds would go toward an estimated 241 MW power generation park using solar and wind energy in the northwestern municipality of Metapan, which will eventually power the bitcoin mining farm.
https://www.dogecoinplatform.com/blog/1b-renewable-energy-bitcoin-farm-investment-in-el-salvador/47
These power sources are not stable, and where will this company get power at night and in non-sunny weather?

www.dogecoinplatform.com

https://www.dogecoinplatform.com/blog/1b-renewable-energy-bitcoin-farm-investment-in-el-salvador/47