El Salvador Unleashes “Volcano Energy” With 241 Megawatt Planned Bitcoin Mining Operation

According to a press release sent to Bitcoin Magazine, El Salvador unleashes “volcano energy” with a planned 241-megawatt Bitcoin mining operation.

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The country of El Salvador is tapping into its abundant natural resources to create “Volcano Energy.” According to a press release sent to Bitcoin Magazine, the aim is to position the country as a major global player in the Bitcoin mining industry while promoting energy competitiveness, diversification and geographic expansion for the Bitcoin network. Adopting a debt-free approach, El Salvador plans to construct a 241 megawatt (MW) renewable power generation park in the Metapán region, combining solar and wind projects.

“This project is a transformative journey that will establish one of the world’s largest Bitcoin mining farms,” the release said. “Located in the El Shiste hamlet, within the municipality of Metapán, Santa Ana, this chosen site boasts exceptional solar and wind energy yields in the country.” The park will have a capacity of 169MW of photovoltaic solar energy and 72MW of wind energy. The initial computational power is expected to surpass 1.3 EH/s, marking a significant milestone for the country and industry.

Bitcoin is the foundation. Everything that happens, every technology, every tool, every innovation, such as Artificial Intelligence, enlarges the total Bitcoin pie.

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