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CNBC: “El Salvador just started mining bitcoin with volcanoes for the first time ever – and they’ve already made $269”

CNBC: “El Salvador just started mining bitcoin with volcanoes for the first time ever – and they’ve already made $269″



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29 Comments

  1. $1Mio in US remittances per day, for a remittance based economy.

    Holy shit dude, they’re going to save massive amounts of money using crypto for that. The adoption is already growing rapidly for that application.

    Huge selling point for other remittance based economies, and they don’t even have to be as involved as Bukele is right now. This guy is like the Jack Dorsey of leaders, cares more about Bitcoin than his other responsibilities, we shall see if it continues to pay off. I bet it will, especially if we experience a 2nd bull market heading into 2022. Sheesh, he could really launch them as a tech hub if this occurs.

  2. So I thought the Bitcoin rewards for mining were always large, it was just rare to get one, so everyone bought expensive rigs to up the odds. How does one earn a fraction of a reward block? Is there any gain by using a home PC to mine for peanuts when I’m not using it, like some folks do for SETI?

  3. It’s time Hawaii. It’s time Iceland. It’s time California. We must upload the thermal energies into the blockchains.

    I want a movie about this, and I want Jeff Bezos as the villain.

  4. You Dreamers are from another world. No wonder now the SV government is now looking to invest it in a satellite and very soon will be marching against the Americans, the Russians and The Chinese! Watch out Bukele is coming foe you 😃

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