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Single inactive volcano has 90% chance of powering El Salvador’s Bitcoin City, according to president -Breaking

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© Reuters.

El Salvador’s President Nayib Bukele has claimed officials will be able to use geothermal energy from one of the country’s inactive volcanoes to power its City project.

Bukele was mentioned in a Sunday notice there was a 90% probability of using the Conchagua volcano to supply 42 megawatts — “enough to provide energy to the entire Bitcoin City,” according to the president. Salvadoran leaders said that LaGeo, the state-owned electric company LaGeo, was increasing its geothermal power production from various volcanoes throughout the country. One of these sites is believed to be capable of producing 95MW.

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