El Salvador has achieved a reward of 473.5 bitcoins, equivalent to 29 million dollars, for mining the cryptocurrency.
In September 2021, El Salvador became the first country in the world to adopt bitcoin as legal tender
Courtesy: Criptonoticias
The Savior has achieved a reward of 473.5 bitcoins, equivalent to 29 million dollars, for the mining of the cryptocurrency in a geothermal power plant owned by the Central American nation, the Government confirmed on Tuesday.
Since September 2021, the government of Nayib Bukele installed 300 processors for bitcoin mining in a geothermal energy production complex located on the Tecapa volcano, in the east of the country.
Of the 102 megawatts (mw) produced by the state plant, 1.5 mw are destined for cryptocurrency mining.
Among the mining pools that have given rewards for verifying transactions on the blockchain are Foundry USA, Ant pool, ViaBTC, F2Pool, Binance Pool, says the Bitcoin Office website, which was enabled on Monday to disclose the cryptocurrency treasury.
In September 2021, El Salvador became the first country in the world to adopt bitcoin as legal tender. parallel to the US dollar, which earned it harsh criticism from the International Monetary Fund (IMF).
According to the Bitcoin Office, the Central American country has 5,750 bitcoins, equivalent to 353.5 million dollars.
Source: Ambito
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