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.

The country of El Salvador is tapping into its abundant natural resources to create “Volcano Energy”.

Stablecoin provider Tether is participating in a $250 million investment in a renewable energy project in El Salvador.

Of the 107 megawatts generated by the plant, five are used for the operation and mining of Bitcoin, and the rest for the country’s power grid.