{"id":11453,"date":"2021-06-12T12:39:00","date_gmt":"2021-06-12T19:39:00","guid":{"rendered":"https:\/\/BigJimIndustries.com\/wordpress\/?p=11453"},"modified":"2021-06-26T12:44:13","modified_gmt":"2021-06-26T19:44:13","slug":"bitcoin-vs-the-volcano","status":"publish","type":"post","link":"https:\/\/bigjimindustries.com\/wordpress\/2021\/06\/12\/bitcoin-vs-the-volcano\/","title":{"rendered":"Bitcoin vs. The Volcano"},"content":{"rendered":"\n<p><em><a href=\"https:\/\/uk.finance.yahoo.com\/news\/el-salvador-energy-volcanoes-bitcoin-082346002.html\" target=\"_blank\" rel=\"noreferrer noopener\">from The Independent via Yahoo! News<\/a><\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">El Salvador to use energy from volcanoes for bitcoin mining<\/h2>\n\n\n\n<p>by Vishwam Sankaran<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/DQS8.hh6pGl10p8HaH5MTw--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY1My4xMzc4Mjk5MTIwMjM0O2NmPXdlYnA-\/https:\/\/s.yimg.com\/uu\/api\/res\/1.2\/Sl1Y0JSpJtAw5sbsY7auXA--~B\/aD0zNzEyO3c9NTQ1NjthcHBpZD15dGFjaHlvbg--\/https:\/\/media.zenfs.com\/en\/the_independent_577\/917e2202d88a328f117249eb6500ffe0\" alt=\"El Salvador&#x002019;s president Nayib Bukele, accompanied by US Ambassador to El Salvador Ronald Johnson (out of frame), speaks during a joint press conference at Rosales Hospital in San Salvador  (AFP via Getty Images)\"\/><figcaption><em>El Salvador\u2019s president Nayib Bukele, accompanied by US Ambassador to El Salvador Ronald Johnson (out of frame), speaks during a joint press conference at Rosales Hospital in San Salvador (AFP via Getty Images)<\/em><\/figcaption><\/figure>\n\n\n\n<p>Hours after becoming the first nation to authorise&nbsp;<a href=\"https:\/\/www.independent.co.uk\/topic\/bitcoin\" rel=\"noreferrer noopener\" target=\"_blank\">bitcoin<\/a>&nbsp;as a legal tender,&nbsp;<a href=\"https:\/\/www.independent.co.uk\/topic\/el-salvador\" rel=\"noreferrer noopener\" target=\"_blank\">El Salvador<\/a>\u2019s President&nbsp;<a href=\"https:\/\/www.independent.co.uk\/topic\/nayib-bukele\" rel=\"noreferrer noopener\" target=\"_blank\">Nayib Bukele<\/a>&nbsp;instructed a state-owned geothermal electric company to plan to use geothermal energy from the country\u2019s volcanoes for mining for the&nbsp;<a href=\"https:\/\/www.independent.co.uk\/topic\/cryptocurrency\" rel=\"noreferrer noopener\" target=\"_blank\">cryptocurrency<\/a>.<\/p>\n\n\n\n<p>\u201cI\u2019ve just instructed the president of @LaGeoSV (our state-owned geothermal electric company), to put up a plan to offer facilities for&nbsp;<a href=\"https:\/\/www.independent.co.uk\/topic\/bitcoin-mining\" rel=\"noreferrer noopener\" target=\"_blank\">bitcoin mining<\/a>&nbsp;with very cheap, 100% clean, 100% renewable, 0 emissions energy from our volcanos,\u201d Bukele posted on Twitter.<\/p>\n\n\n\n<p>The Bitcoin law was approved by a \u201csupermajority\u201d gaining 62 out of 84 possible votes within the Central American country\u2019s congress.<\/p>\n\n\n\n<p>[ <a href=\"https:\/\/uk.finance.yahoo.com\/news\/el-salvador-energy-volcanoes-bitcoin-082346002.html\" target=\"_blank\" rel=\"noreferrer noopener\">click to continue reading at Yahoo!<\/a> ]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>from The Independent via Yahoo! News El Salvador to use energy from volcanoes for bitcoin mining by Vishwam Sankaran Hours after becoming the first nation to authorise&nbsp;bitcoin&nbsp;as a legal tender,&nbsp;El Salvador\u2019s President&nbsp;Nayib Bukele&nbsp;instructed a state-owned geothermal electric company to plan to use geothermal energy from the country\u2019s volcanoes for mining for the&nbsp;cryptocurrency. \u201cI\u2019ve just instructed [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-11453","post","type-post","status-publish","format-standard","hentry","category-weirdness"],"_links":{"self":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/11453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/comments?post=11453"}],"version-history":[{"count":0,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/11453\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/media?parent=11453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/categories?post=11453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/tags?post=11453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}