by Volcano Energy | Jun 7, 2023 | News
Volcano Energy said the funds would go towards the development of a 241-megawatt power generation park. A public-private partnership in El Salvador that pledges to invest USD 1 billion in the creation of a Bitcoin mining farm has received its first USD 250 million....
by Volcano Energy | Jun 6, 2023 | News
Initially, the mining farm is expected to have a computational power of over 1.3 EH/s. Volcano Energy, a company based in El Salvador, has announced a public-private initiative to invest $1bn in a Bitcoin mining farm. In a statement on Twitter, Volcano Energy...
by Volcano Energy | Jun 5, 2023 | News
The $1 billion project seeks to leverage renewable energy to power Bitcoin mining. Tether, the issuer of the USDT stablecoin, is one of the investors in the Volcano Energy initiative, which seeks to build a 241 MW renewable energy generation park in Metapán, El...
by Volcano Energy | Jun 5, 2023 | News
Stablecoin issuer Tether is among the investors in the new Bitcoin mining site powered by solar and wind energy in El Salvador. Volcano Energy announced $1 billion in commitments to build a 241 megawatt (MW) bitcoin mine in the Metapán region of El Salvador,...
by Volcano Energy | Jun 5, 2023 | News
The Bitcoin mining farm will be powered by an integrated wind and solar power generation park located in Metapán. The investment commitment is $1 billion. A group of Bitcoin entrepreneurs announced on Monday the creation of Volcano Energy, a private bitcoin mining...
