This is Bukele's tweet. It is as exciting as it is, he is stimulating people to believe in his project on a world scale. It is certainly the beginning for El Salvador.
https://twitter.com/nayibbukele/status/1443830930997719044?s=19
Topic: El Salvador 🇸🇻 Mines First Bitcoin With Volcanic Energy 🌋 - page 2. (Read 194 times)
My first impression when reading the headline of this news was:
OMG! 😱 Bukele did it! He is a president determined to continue with his plan to make the country of El Salvador the first country to own bitcoin and he goes with everything.
He studied it with his volcanic energy specialists, installed his equipment and already mined his first bitcoin.
It looks like they already have the technology to tap the volcanic energy and convert the steam energy to produce electricity. What i was not aware is that El Salvador has these sensitive areas where they have a constant gush of volcanic activity and now what they are trying to showcase is that they are mining with renewable energy. I searched online but i could not see any of these details rather than a tweet.OMG! 😱 Bukele did it! He is a president determined to continue with his plan to make the country of El Salvador the first country to own bitcoin and he goes with everything.
He studied it with his volcanic energy specialists, installed his equipment and already mined his first bitcoin.
Here is the coindesk's article about this news - https://www.coindesk.com/policy/2021/10/01/el-salvador-mines-first-bitcoin-with-volcanic-energy/
So now, we are seeing that El Salvador is pretty serious in getting into crypto especially bitcoin. I believe, he already had this idea even before the implementation of bitcoin as a legal tender in their country. But for those who are criticizing bitcoin as energy intensive, here is one very good answer that bitcoin mining is using renewable energy via volcanic, which is not the usual type that we know like solar or wind energy.
My first impression when reading the headline of this news was:
OMG! 😱 Bukele did it! He is a president determined to continue with his plan to make the country of El Salvador the first country to own bitcoin and he goes with everything.
He studied it with his volcanic energy specialists, installed his equipment and already mined his first bitcoin.
It looks like they already have the technology to tap the volcanic energy and convert the steam energy to produce electricity. What i was not aware is that El Salvador has these sensitive areas where they have a constant gush of volcanic activity and now what they are trying to showcase is that they are mining with renewable energy. I searched online but i could not see any of these details rather than a tweet. OMG! 😱 Bukele did it! He is a president determined to continue with his plan to make the country of El Salvador the first country to own bitcoin and he goes with everything.
He studied it with his volcanic energy specialists, installed his equipment and already mined his first bitcoin.
Interesting. Never heard of volcanic energy before, but @stompix helped clear up the confusion. It's good to see the El Salvador President putting in so much effort to promote BTC even though he might have ulterior motives.
Big countries like China can learn a thing or two from these small countries like El Salvador. The citizens of this country are lucky since they can dabble with cryptocurrencies legally without any fear whatsoever.
I am confident that more and more small countries will follow in El Salvador's footsteps as time passes which will help improve crypto adoption globally.
Big countries like China can learn a thing or two from these small countries like El Salvador. The citizens of this country are lucky since they can dabble with cryptocurrencies legally without any fear whatsoever.
I am confident that more and more small countries will follow in El Salvador's footsteps as time passes which will help improve crypto adoption globally.
Stop with this volcanic energy !! Just stop, it's getting more annoying than doge memes.
It's god damn geothermal energy as that is a geothermal power station, not a volcanic power station, there are tens of miners in Iceland mining for years with geothermal energy coming from volcanic activity on Iceland but nobody is claiming stuff like that.
It's god damn geothermal energy as that is a geothermal power station, not a volcanic power station, there are tens of miners in Iceland mining for years with geothermal energy coming from volcanic activity on Iceland but nobody is claiming stuff like that.
Quote
“It’s just geothermal energy,” said bitcoin miner Alejandro de la Torre, who recently made the move from China to Texas. “Iceland has been doing it since the very, very beginning of bitcoin mining.”
Really nice that he publishes so much information. He doesn't have to do this, and he has important things to do, but the successes are great for Bitcoin. I'm sure some other countries are watching it and they are starting to get angry. Fomo for sure! The first one to come has the most success.
My first impression when reading the headline of this news was:
OMG! 😱 Bukele did it! He is a president determined to continue with his plan to make the country of El Salvador the first country to own bitcoin and he goes with everything.
He studied it with his volcanic energy specialists, installed his equipment and already mined his first bitcoin.
The image he shared on Twitter reads:
Account balance
Payment complete. 0.00000000
Payment in progress 0.00000000
Payment pending 0.00483976
Mined pending (estimated) 0.00599179
Total 0.01083155
https://www.coindesk.com/policy/2021/10/01/el-salvador-mines-first-bitcoin-with-volcanic-energy/?outputType=amp
OMG! 😱 Bukele did it! He is a president determined to continue with his plan to make the country of El Salvador the first country to own bitcoin and he goes with everything.
He studied it with his volcanic energy specialists, installed his equipment and already mined his first bitcoin.
The image he shared on Twitter reads:
Account balance
Payment complete. 0.00000000
Payment in progress 0.00000000
Payment pending 0.00483976
Mined pending (estimated) 0.00599179
Total 0.01083155
https://www.coindesk.com/policy/2021/10/01/el-salvador-mines-first-bitcoin-with-volcanic-energy/?outputType=amp
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