This is AI generated summarization, which may have errors. For context, always refer to the full article.Dado Ruvic/ReutersThe new additions, 473.5 bitcoins worth some $29 million since September of 2021, are powered by a small amount of geothermal energy generated by the country's imposing Tecapa volcano
The country’s “Bitcoin Office,” an official government entity, reports that government coffers now hold 5,750 bitcoins. The administration of Bitcoin enthusiast President Nayib Bukele, who earlier this year was reelected to a second term, has installed 300 processors to “mine” bitcoins from the volcano.
Elsewhere in the world, cryptocurrency miners have recently come under increased scrutiny for their electricity-sapping operations, and for the impact their activity has on power grids and carbon emissions.