TLDR Crypto · INNOVATION & LAUNCHES

GEOTHERMAL ENERGY

theblock.co2 min read

Summary from the TLDR Crypto newsletter

Volcano Energy and Luxor Technology have initiated El Salvador's first Bitcoin mining pool, dubbed Lava Pool, that leverages the country's geothermal energy resources. Volcano Energy will mine bitcoin exclusively via this pool and contribute 23% of its net income to the El Salvador government as part of a public partnership initiative. This move seeks to integrate Bitcoin into El Salvador's energy infrastructure and boost economic growth.