El Salvador has officially mined the first bitcoin using volcanic energy, its president revealed.
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President Nayib Bukele shared a screenshot of a mined bitcoin on Twitter calling it “officially the first bitcoin mining the volcanode.”
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The news follows the Salvadoran president’s announcement earlier this week that the country was taking its “first steps” toward harnessing volcanic energy for bitcoin mining.
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Following the approval by El Salvador’s congress for the adoption of bitcoin as legal tender in June, Bukele said he had instructed state-owned geothermal electric company LaGeo to allow bitcoin miners to tap the country’s volcanic resources.
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With 20 “potentially active” volcanoes according to VolcanoDiscovery.com which account for almost 22% of the country’s energy supply, El Salvador’s harnessing of geothermal energy could provide an answer to the hunt for a reliable clean energy source to power bitcoin mining.
Read more: Why El Salvador Is Botching Its Bitcoin Experiment
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