El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine

Jun 5, 2023

Volcano Energy announced $1 billion in commitments to build a 241 megawatt (MW) bitcoin mine in the Metapán region of El Salvador, according to a Monday press release on Twitter. "The Hash" panel discusses stablecoin issuer Tether's investment in the project and the state of bitcoin mining around the world.

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