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    HomeBlockchainAnalyzesIn El Salvador, 474 BTC were extracted using geothermal energy...

    In El Salvador, 474 BTC were extracted using geothermal energy from volcanoes

    From September 2021 El Salvador has obtained 474 BTC (about $27.7 million) using geothermal energy from volcanoes, said trader and Bitgrow Lab co-founder Vivek Sen.

    Cryptocurrency mining using alternative energy sources is a joint project between the government of El Salvador and a number of companies including Foundry USA, Antpool, ViaBTC, F2Pool and Binance Pool.

    El Salvador's total bitcoin reserves are estimated at $333.3 million, according to Nayibtracker. The country has accumulated 5,846 BTC and continues to buy 1 BTC each

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