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El Salvador Unleashes “Volcano Energy” with Planned Bitcoin Mining Operation
The country of El Salvador is taking a groundbreaking step towards establishing itself as a major global player in the Bitcoin mining industry. By harnessing its abundant natural resources, El Salvador is constructing a renewable power generation park in the Metapán region, combining solar and wind projects. With an initial investment of $250 million, this ambitious project aims to create one of the world’s largest Bitcoin mining farms, generating a total capacity of 241 megawatts (MW). Let’s explore how El Salvador’s innovative “Volcano Energy” initiative will promote energy competitiveness, diversification, and geographic expansion for the Bitcoin network.
The Vision of “Volcano Energy”
El Salvador’s vision for the “Volcano Energy” project is to leverage its exceptional solar and wind energy yields to fuel the growth of Bitcoin mining. Located in the El Shiste hamlet within the municipality of Metapán, Santa Ana, this chosen site provides ideal conditions for renewable energy production. By combining solar and wind projects, El Salvador aims to create a sustainable and efficient energy ecosystem that will power the Bitcoin mining operations.
