Is it a Volcanic crypto revolution? El Salvador is all set to dive deep into Crypto Industry
The President of El Salvador, Nayib Bukele announced on Wednesday that the state-owned geothermal electric from La Geo is all set to start working on mining facilities using 100% renewable energy from the country’s Volcanoes. While the world’s rift is shifting from the banning culture towards the gradual adaptability of Digital currencies. The golden opportunity is to take advantage of this situation by investing in new cryptocurrencies like Rscoin. Which is comparatively the best cryptocurrency to invest in 2021 because of its active team of a highly professional developers, who are working on an easy-to-access and easy-to-use user- friendly interface as well as the efficient algorithm.
El Salvador is now becoming the first country to legalize Bitcoin as a tender.” This is going to evolve fast”. Bukele posted on twitter.
A central American country’s legalization of Bitcoin has put Bitcoin under the spotlight around the globe. The procedure of “currency mining”, by using the traditional method of cyberspace, required a humongous amount of energy.
On Wednesday Bukele posted a video on his Twitter account in which a plume of clear and freshwater can be seen projected by a pipeline into the air.
He said that this method of using geothermal energy will produce 0% CO2 emission and approximate 95 to 100MW electric power.
