El Salvador considers exploiting bitcoin with volcanic geothermal energy

El Salvador considers exploiting bitcoin with volcanic geothermal energy
Salvadoran President nayib bukle said on Wednesday that he had instructed the state-owned geothermal power company LAGEO to develop a plan to exploit bitcoin using renewable energy from the country’s volcanoes. El Salvador had just passed legislation, becoming the first sovereign country in the world to adopt bitcoin as legal tender. The Central American leader’s statement drew attention to the environmental impact of cryptocurrency. Bitcoin is a kind of virtual currency. The process of extracting bitcoin from cyberspace needs a lot of energy. According to a report released by Bank of America analysts in March this year, the total carbon dioxide emissions of the global bitcoin industry have risen to 60 million tons, equivalent to the emissions of about 9 million vehicles. On Wednesday night local time, bukley was on social media