El Salvador’s Bitcoin miner Volcano Energy launches with $250M investment By Cointelegraph
[ad_1]
© Reuters.
A public-private partnership in El Salvador pledging to pump $1 billion into creating a (BTC) mining farm has received its first $250 million. This first release of funds kickstarts a 241-megawatt (MW) power generation park in the country’s Metapán region.
Volcano Energy, the company behind the site, said the funds would go toward developing the power generation park using solar and wind energy, which will eventually power the Bitcoin mining operation. Volcano Energy chairman Max Keiser took to Twitter on June 7 to announce the news.
Continue Reading on Coin Telegraph
[ad_2]
Source link
© Reuters.
A public-private partnership in El Salvador pledging to pump $1 billion into creating a (BTC) mining farm has received its first $250 million. This first release of funds kickstarts a 241-megawatt (MW) power generation park in the country’s Metapán region.
Volcano Energy, the company behind the site, said the funds would go toward developing the power generation park using solar and wind energy, which will eventually power the Bitcoin mining operation. Volcano Energy chairman Max Keiser took to Twitter on June 7 to announce the news.
Continue Reading on Coin Telegraph
About The Author
