by Volcano Energy | Jun 12, 2023 | News
Volcano Energy’s project will have a first phase consisting of $250 million dollars but with a projection of reaching $1,000 million dollars. The chairman of Volcano Energy, Max Keiser, foresees that by 2030, the company’s market capitalization will exceed...
by Volcano Energy | Jun 7, 2023 | News
The project is led by reputed investor, Max Keizer, and counts Tether among its investors. It plans to harness renewable energy in the north of the country to mine Bitcoin. Volcano Energy goes live with an initial investment of USD $250 million. The Bitcoin mining...
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,...
