{"id":142211,"date":"2021-10-19T18:29:01","date_gmt":"2021-10-19T18:29:01","guid":{"rendered":"https:\/\/precoinnews.com\/?p=142211"},"modified":"2021-10-19T18:29:01","modified_gmt":"2021-10-19T18:29:01","slug":"el-salvador-the-first-country-to-mine-bitcoin-using-volcanoes","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/el-salvador-the-first-country-to-mine-bitcoin-using-volcanoes\/","title":{"rendered":"El Salvador, the first country to mine Bitcoin using volcanoes"},"content":{"rendered":"

<\/p>\n

Following the approval by El Salvador\u2019s congress, the Bitcoin price surged to $48,000 earlier today. This surge in prices was seen after $241 million in Bitcoin shorts were liquidated according to bybt.com<\/p>\n

The country has mined 0.0059 BTC so far, worth $260 using geothermal energy from volcanoes. <\/p>\n

Further to this, El Salvador became the first country to make bitcoin legal tender last month. It has also created the Chivo wallet for citizens to access the Bitcoin network and make payments. As an incentive, the government gave out $30 to anyone who signed up.<\/p>\n

El Salvador\u2019s harnessing of geothermal energy could provide an answer to the hunt for a reliable clean energy source to power bitcoin mining.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Following the approval by El Salvador\u2019s congress,<\/p>\n","protected":false},"author":3,"featured_media":142210,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"yoast_head":"\nEl Salvador, the first country to mine Bitcoin using volcanoes - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/bitcoin\/el-salvador-the-first-country-to-mine-bitcoin-using-volcanoes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Salvador, the first country to mine Bitcoin using volcanoes - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Following the approval by El Salvador\u2019s congress,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/bitcoin\/el-salvador-the-first-country-to-mine-bitcoin-using-volcanoes\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-19T18:29:01+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/10\/El-Salvador-the-first-country-to-mine-Bitcoin-using-volcanoes-.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/bitcoin\/el-salvador-the-first-country-to-mine-bitcoin-using-volcanoes\/\",\"url\":\"https:\/\/precoinnews.com\/bitcoin\/el-salvador-the-first-country-to-mine-bitcoin-using-volcanoes\/\",\"name\":\"El Salvador, the first country to mine Bitcoin using volcanoes - 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