Today, Volcano Energy and Luxor Technology Corporation have officially unveiled Lava Pool, El Salvador's inaugural Bitcoin mining pool powered by abundant renewable geothermal energy. Volcano Energy, a unique public-private partnership committed to contributing 23% of its net income to the Salvadoran government, will exclusively mine blocks through Lava Pool.
“The ethos of Bitcoin mining revolves around geographical decentralization, and the development of mining pool infrastructure in El Salvador will contribute to this goal,” commented Luxor's COO, Ethan Vera. “We're excited to partner with Volcano Energy to launch Lava Pool and to support their mission in El Salvador and Latin America more broadly.” This partnership aims to help push forward El Salvador's ongoing efforts to integrate Bitcoin into its energy infrastructure.
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