) was generated by the country’s Tecapa volcano, using 300 mining processors. The country has allocated 1.5 megawatts to cryptocurrency mining out of the 102 MW produced by the state-owned power plant,
El Salvador now holds a total of 5,750 BTC, including the 474 mined BTC, estimated to be worth $354 million. Bukele won the presidential election earlier this year with a majority, primarily on his promises to implement Bitcoin as legal tender and to eradicate crime.Bitcoin mining and its use of fossil fuel has long been a controversial point of discussion in the crypto industry.
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