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ChainCatcher news, according to The Block, El Salvador’s renewable energy and mining company Volcano Energy and Bitcoin mining software provider Luxor Technology jointly launched “Lava Pool”, aiming to use El Salvador’s geothermal energy to mine Bitcoin. Volcano Energy will donate 23% of its net profits to the government of El Salvador, which plans to reinvest mining profits into its energy infrastructure as part of a public-private partnership to help promote economic growth.

ChainCatcher news, according to The Block, El Salvador’s renewable energy and mining company Volcano Energy and Bitcoin mining software provider Luxor Technology jointly launched “Lava Pool”, aiming to use El Salvador’s geothermal energy to mine Bitcoin.

Volcano Energy will donate 23% of its net profits to the government of El Salvador, which plans to reinvest mining profits into its energy infrastructure as part of a public-private partnership to help promote economic growth.

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