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El Salvador , Thursday 16 April 2026

El Salvador partnership to build $1 billion bitcoin mining farm

Published on: Monday 05 June 2023

El Salvador partnership to build $1 billion bitcoin mining farm SAN SALVADOR (Reuters) - A public-private partnership in El Salvador will pump $1 billion into creating one of the world's largest bitcoin mining farms, the group called Volcano Energy announced on Monday. The project will start with an initial $250 million, backed by "key Bitcoin industry leaders" in collaboration with renewable energy developers, Volcano Energy said in a statement. El


News source: https://www.msn.com/en-us/money/companies/el-salvador-partnership-to-build-1-billion-bitcoin-mining-farm/ar-AA1c9YU4

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