According to Nayib Bukele, should the power consumption of the country’s planned Bitcoin City exceed the volcano’s capacity, geothermal energy can be sourced from other sites.


El Salvador's President Nayib Bukele has claimed officers are ready to use geothermal energy from one amongst the country’s inactive volcanoes to power its Bitcoin town project. 

In a Sunday notice, Bukele same there was a 90% chance of victimisation the Conchagua volcano to provide 42 megawatts — “enough to produce energy to the complete Bitcoin town,” in keeping with the president. The Salvadoran leader same the state-owned electrical company LaGeo was continued to extend its production of geothermal power from completely different volcanoes within the country, with one amongst the sites believed capable of producing 95 MW. 

Source: Twitter

Conchagua, located close to El Salvador’s jap border and overlooking the Gulf of Fonseca, has had no confirmed historical eruptions. consistent with Bukele, ought to the facility consumption of the country’s planned Bitcoin town exceed the volcano’s capability, it is sourced from different sites. He same any energy surplus would even be used for mining Bitcoin (BTC) to feature to El Salvador’s coffers. Bukele has antecedently proclaimedTurner  many crypto buys totaling 1,391 BTC— more than $57.7 million at the time of publication following the brief worth drop under $40,000. 


(Turner Wright, Cointelegraph, 2022)