World's Largest Bitcoin Mining Farm in El Salvador

The nation that supports the bitcoin sector the most is El Salvador. Under the capable direction of Nayib Bukele, the largest bitcoin mining farm in the world will be constructed in El Salvador.

Big Investment 

    The project to mine bitcoin was started with an initial budget of $250 million. The crypto industry has enthusiastically invested in it, helping the project raise $1 billion. Government of El Salvador has 23% of the equity, and other investors hold 27%. The remaining 50% will be invested in the project's growth. 

More Energy for Mining 

   The origin was El Salvador's geothermal energy potential based on volcanic activity. The crypto mining industry has taken best intrest in it, now it will also include solar and wind energy. With 241 megawatts of power (169 MW from solar and 72 MW from wind), the mining farm will have a computing capacity of over 1.3 exahashes per second (EH/s).

The Project and Government of El Salvador 

     El Salvador's government has chosen the Metapán region of the Santa Ana department as the mining site. The government is playing a key role in it. Bitcoin is the most interesting currency in the world, but the public and the industry are not supported because of government control, while BTC investment in El Salvador is supported by the government.

Brought to you by Yugocean, originally posted here.