Salvador

“It depends on”: the phrase that defines the profitability of Bitcoin mining in El Salvador

"It depends on": the phrase that defines the profitability of Bitcoin mining in El Salvador

Key facts: Mining altcoins is more profitable, even if you pay for the cheapest energy in the country. CriptoNoticias spoke with two miners with operations based in El Salvador. The fact that it is the first country in the world to adopt Bitcoin (BTC) as legal tender does not necessarily mean that El Salvador is …

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Senate will vote on a bill on the adoption of Bitcoin in El Salvador, Bukele responds that the US is afraid of it – DiarioBitcoin

Senate will vote on a bill on the adoption of Bitcoin in El Salvador, Bukele responds that the US is afraid of it - DiarioBitcoin

By DailyBitcoin Editor The US bill on the adoption of Bitcoin in El Salvador, which was approved in committee yesterday, generated the discontent of the president of El Salvador, Nayib Bukele. *** The United States Senate will vote on a bill that seeks to mitigate the risks to the US financial system due to the …

Senate will vote on a bill on the adoption of Bitcoin in El Salvador, Bukele responds that the US is afraid of it – DiarioBitcoin Read More »

US senators propose law to protect their country from risks due to the adoption of Bitcoin in El Salvador – DiarioBitcoin

US senators propose law to protect their country from risks due to the adoption of Bitcoin in El Salvador - DiarioBitcoin

By DailyBitcoin Editor A bipartisan proposal before the United States Senate seeks to “protect” the North American nation from the consequences that the adoption of Bitcoin in El Salvador could have in relation to money laundering. *** A bipartisan group of United States senators, made up of Jim Risch, Bob Menéndez and Bill Cassidy, introduced …

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As in El Salvador, they will mine Bitcoin by decree in an Italian city

Bitmain launches new Bitcoin miner with liquid cooling system

Not only the State of El Salvador mines Bitcoin by government decision, but it has also been approved by the municipal administration of Borgo D’Anaunia, a city of 2,500 inhabitants, located in the province of Trento in Italy. Its mayor, Daniele Graziadei, signed a resolution in order to condition an old hydroelectric plant to provide …

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El Salvador will add more geothermal energy sources to power its Bitcoin City – DiarioBitcoin

El Salvador will add more geothermal energy sources to power its Bitcoin City - DiarioBitcoin

For Daily EditorBitcoin President Bukele confirmed that El Salvador is investing more to increase its energy production from volcanoes. *** The president of El Salvador, Nayib Bukele, uses an illustration on Twitter as the background of the Twitter image. Bitcoin City, reinforcing from the social network the importance that has been given to this project, …

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Noti Hash: 300 Bitcoin miners work on a volcano in El Salvador

Noti Hash: 300 Bitcoin miners work on a volcano in El Salvador

Noti Hash is CryptoNoticias’ Bitcoin mining newsletter. It is published on our website every two weeks, being today, Thursday, December 2, 2021, the ninth edition to be published, at block 712.306. While in the last two weeks the Bitcoin mining industry continued to consolidate globally, CriptoNoticias was in El Salvador to verify the reality of …

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President of El Salvador asks the US FED to stop printing money – DiarioBitcoin

Texas could raise funds through NFT and harness 'abundant' energy to mine Bitcoin

By Hannah perez Bukele commented on the statements of the president of the US Federal Reserve, who warned that inflation is no longer a transitory phenomenon. *** Nayib Bukele, the president of El Salvador, the first nation in the world to adopt Bitcoin as legal tender, it responded to recent statements by the United States …

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From volcanoes to space: miners in El Salvador connect to Bitcoin via satellite

From volcanoes to space: miners in El Salvador connect to Bitcoin via satellite

Key facts: Samson Mow, Blockstream CSO, installed the system at the Salvadoran plant. El Salvador has been mining bitcoins with volcanic energy since the end of September. The Salvadoran geothermal plant where bitcoin is currently being mined will now be connected to the Bitcoin network through a satellite system. To do this, they will use …

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More than USD 1 million in bitcoin can be sent from the “El Zonte” beach in El Salvador

nodes-lightning-network-bitcoin-beach

Key facts: The information was revealed by the group that created the wallet, Galoy, via Twitter this week. The increase in liquidity allows to have a greater capacity to execute transactions with BTC. The digital purse (wallet) native to the Bitcoin beach of El Salvador, «El Zonte», the Bitcoin Beach, registered this week more than …

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