El Salvador continues its dedication to becoming a global leader in the Bitcoin mining industry through the development of its ambitious Volcano Energy project.
The country plans to add 241 MW of renewables and 1.3 Eh/s of Bitcoin mining, marking a further step towards “economic freedom,” energy competitiveness, and “self-reliance,” as shared on Twitter by Bitcoin advocate Dennis Porter.
Bitcoin Volcano
Harnessing the country’s renewable resources, the project aims to establish one of the world’s largest Bitcoin mining farms, accompanied by the creation of Volcano Tokens.
The Volcano Energy project focuses on developing a 241 MW renewable power generation park in the Metapan region of El Salvador. This park will showcase the “exceptional solar and wind energy yields available in the country,” with 169 MW of photovoltaic solar and 72 MW of wind energy.
The initial computational power of the Bitcoin mining farm will surpass 1.3 EH/s, funded by a total commitment of $1 bil
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