Will El Salvador become a Bitcoin mining giant? According to the latest calculations, the country’s planned volcano mining farm could mine enormous amounts of BTC.

Every month millions of earnings through BTC

El Salvador’s President Nayib Bukele has just published the first drafts and data on the planned volcano Bitcoin mining farm (we reported on this here)-and resourceful miners are now calculating how much Bitcoins could be mined by such a plant. Background: President Nayib Bukele plans to use geothermal energy from active volcanoes to power Bitcoin mining facilities. This is clean and safe and a wonderful source of income for his country, said the 39-year-old.

The plan is to generate more than 95 megawatts (MW) of energy – enough for a decent mining farm. Top miner and Bitfury founder George Kikvadze addresses Head of State Bukele directly on Twitter in this regard. He bullishly comments that the power (“95MW”) of the BTC mining farm is so enormous that it could be used to mine 1,800 Bitcoins (to buy from eToro or Libertex) per month:

“Dear President @nayibbukele, 95MW can generate 3 exahashes, which in the current Bitcoin network means about 1800 Bitcoin in revenue per month, or $750 million per year.“

For the miner, the case is therefore clear:

“I have zero doubt that this will be the most profitable project in the HISTORY of 🇸 🇻 or Central America (for that matter)!“

US mining farm brings swimming lake to a boil

After China has taken a tough stance against Bitcoin miners in the country, something is happening around the world in terms of BTC mining. Also in the USA, where there has been increased mining activities for some time-and they sometimes drive strange blossoms. Thus, in the US state of New York, residents of the “Seneca Lake” bathing lake are currently complaining about absurdly high water temperatures. Usually the area is a relaxed Mecca for water sports enthusiasts, anglers and wine drinkers. Currently, however, tempers are heating up there. And that in the truest sense of the word.

For now came out: A Bitcoin mining farm on the shore heats the water! There is actually a power plant with around 8,000 specialized, high-performance mining rigs. And the mines around the clock the cryptocurrency number 1, Bitcoin. As a drive for this, the responsible enterprise “Greenidge Generation LLC” uses natural gas, and as a coolant – sea water. With unpleasant consequences for every local resident who had hoped for a summer cooling – because the water can be up to 42 degrees warm according to the current regulation. Whirlpool feeling at the bathing lake-that’s only in crypto.

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