El Salvador mining bitcoin

[Artemis3]

Anything that is profit worthy will steal those energy sources.  Imagine they really start mining like crazy.  Probably a long shot since they would probably just want to buy and hold bitcoin instead of mining the decreasing rewards.  I don't know I just never imagined a government itself would step into the mining realm.  They won't be the last one to do it to.

Its not the only government doing it but other countries have been more discreet. The news here is them being open about it.
And yes, they are buying and holding, but a little mining won't hurt either.

[turneps]

President Bukele shared on Twitter a video of containers containing bitcoin mining equipment being installed at an energy facility in the woods.
El Salvador President Nayib Bukele announced that the country has successfully mined a small part of the virtual currency bitcoin using energy from a volcano.
A completely renewable, untapped source of energy has been put to work strictly for the sake of bitcoin. Bitcoin is the biggest accelerator for renewable energy development in history
The breakthrough comes just weeks after El Salvador became the first country to declare bitcoin as legal tender.

[gshroud]

Do we know how many EH they've deployed? I think theres already such a bottle neck on hash that it's going to take a hardware acquisition miracle for these small countries to actually push up the difficulty