This hints at one big reason why geothermal energy has not been significantly developed in the last few decades, either in El Salvador or in the world in general, even though it avoids the drawbacks ...

In order to accept a $1.4 billion loan from the IMF, El Salvador had to change some of its cryptocurrency laws.

Chinese miners, for instance, are experiencing a strong state crackdown on the sector, and might be encouraged to take advantage of El Salvador’s cheap and clean geothermal energy and relocate their ...

El Salvador’s plan to tap its geothermal power led to the idea of the ambitious Bitcoin City project. The city, located near a volcano, is expected to be powered by geothermal energy ...

Cryptocurrency mining in El Salvador has been significantly successful ... and its facilities are powered almost entirely via geothermal energy. The operation has 300 machines and runs entirely ...

The new amendments remove the requirement for businesses to accept Bitcoin as payment, making its use voluntary across the ...

El Salvador has bowed to pressure from the IMF to amend its Bitcoin law, reducing its exposure to the flagship cryptocurrency.

Tether has previously announced its support for El Salvador’s renewable energy initiatives, including geothermal energy projects, which further ties the company to the country’s digital asset ...