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Author Topic: El Salvador to develop mining farm Using Volcano Energy  (Read 448 times)
bettercrypto
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June 19, 2023, 10:31:43 AM
 #21

El Salvador's Government is trying his best to expand bitcoin to a very large extent so recently they given out a latest news again to launched another mighty project in bitcoin Mining field again that they are planning to launched the largest bitcoin Mining in the world which will be using volcano power/energy to supply electricity to the mining plants. This is a good plan because if really the plan project is achieve. Electricity is one of the major issue in the mining of bitcoin field.
https://www.instagram.com/p/CtHFk6BAXCl/?igshid=NTc4MTIwNjQ2YQ== you can get more on the above link to support your comments.

Getting electricity from the volcano, that's a little strange. All I know is that it is from the heat of the sun or solar panels and the other is from water to generate electricity.

Now, from the volcano, I've only heard that in a few decades to be honest. How can El Salvador do this? This is quite a big challenge, but if they succeed, it will have a great impact for sure in the world of cryptocurrency. Let's see what happens about this news.

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Agbe (OP)
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June 19, 2023, 02:03:54 PM
 #22


Getting electricity from the volcano, that's a little strange. All I know is that it is from the heat of the sun or solar panels and the other is from water to generate electricity.

Now, from the volcano, I've only heard that in a few decades to be honest. How can El Salvador do this? This is quite a big challenge, but if they succeed, it will have a great impact for sure in the world of cryptocurrency. Let's see what happens about this news.
In my country there is no volcano so I don't even know how volcano look like. I have only seen it either in movies or pictures. You can see those who are familiar with volcano given the analysis how it will generate electricity. I have only use solar generated electricity not even water (Dam) or waste electricity. But I am from the most blessed area Nigeria, we live in rivers with high currents but nothing come from it. Light issue is the highest biggest challenge we have in the country. All because the leaders are greedy. Look at El Salvador Government is making all possible ways to create good light system to serve his citizens. He shows to be a good leader.

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safar1980
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June 19, 2023, 05:02:45 PM
 #23

El Salvador's Government is trying his best to expand bitcoin to a very large extent so recently they given out a latest news again to launched another mighty project in bitcoin Mining field again that they are planning to launched the largest bitcoin Mining in the world which will be using volcano power/energy to supply electricity to the mining plants. This is a good plan because if really the plan project is achieve. Electricity is one of the major issue in the mining of bitcoin field.
https://www.instagram.com/p/CtHFk6BAXCl/?igshid=NTc4MTIwNjQ2YQ== you can get more on the above link to support your comments.

Getting electricity from the volcano, that's a little strange. All I know is that it is from the heat of the sun or solar panels and the other is from water to generate electricity.

Now, from the volcano, I've only heard that in a few decades to be honest. How can El Salvador do this? This is quite a big challenge, but if they succeed, it will have a great impact for sure in the world of cryptocurrency. Let's see what happens about this news.
Read about the energy supply and heating of Sakhalin in Russia. The energy of volcanoes and warm sources has long been used in this territory, as in other countries. But they do not have the capacity of hydroelectric power plants.
But a volcano is a more dangerous way to extract electricity.

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sokani
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June 20, 2023, 10:11:51 AM
 #24

Getting electricity from the volcano, that's a little strange. All I know is that it is from the heat of the sun or solar panels and the other is from water to generate electricity.

Now, from the volcano, I've only heard that in a few decades to be honest. How can El Salvador do this? This is quite a big challenge, but if they succeed, it will have a great impact for sure in the world of cryptocurrency. Let's see what happens about this news.
Let's take for instance the battery torchlight. The energy present in the cell is in a chemical state and when the switch of the torchlight is turned on, there's a change of state of energy from chemical to electrical. The volcanic mine simply works this way, the thermal or heat energy present in the volcano heats up water underground, which in turn creates powerful steam that help to spin the turbines and generate electricity. El Salvador volcanic mining of Bitcoin is a much more cheaper and cleaner alternative to the electric mining which is reported to cause greenhouse gas emission.
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June 20, 2023, 05:03:04 PM
 #25

Getting electricity from the volcano, that's a little strange. All I know is that it is from the heat of the sun or solar panels and the other is from water to generate electricity.

Now, from the volcano, I've only heard that in a few decades to be honest. How can El Salvador do this? This is quite a big challenge, but if they succeed, it will have a great impact for sure in the world of cryptocurrency. Let's see what happens about this news.
Let's take for instance the battery torchlight. The energy present in the cell is in a chemical state and when the switch of the torchlight is turned on, there's a change of state of energy from chemical to electrical. The volcanic mine simply works this way, the thermal or heat energy present in the volcano heats up water underground, which in turn creates powerful steam that help to spin the turbines and generate electricity. El Salvador volcanic mining of Bitcoin is a much more cheaper and cleaner alternative to the electric mining which is reported to cause greenhouse gas emission.
The technology for extracting electricity from a volcano is the same everywhere, but first hot water must be delivered to a heat exchanger. There are a lot of active volcanoes in America, but I'm not sure that they use these opportunities to the maximum.
"List of geothermal power stations in the United States" has very few temporary buildings and powerful geothermal power stations.

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June 21, 2023, 12:28:31 AM
 #26

Wonder what 'How dare you!' will think of this!  Grin

In all seriousness, a bold move and I wish them well.
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July 19, 2023, 04:06:43 PM
 #27

In all seriousness, a bold move and I wish them well.
Yes they can achieve it if they are serious about it. A country can pull all their resources to achieve what they want if the project is very much important to the Nation. El Salvador has invested a lot of more in bitcoin so they need interrupted power supply the volcano project is very nice one to go with. As you said, it is a good move and plan by the state government. There is a reason for them to choose Volcano instead of solar energy. Solar system would have been preferable but they know what they need in their country.

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.Duelbits.
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TRY OUR
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.
..DICE...
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