According to Foresight News, Volcano Energy, a Salvadoran renewable energy and mining company, and Luxor Technology, a Bitcoin mining software provider, jointly launched "Lava Pool" to mine Bitcoin using geothermal energy in El Salvador. Volcano Energy will donate 23% of its net profit to the Salvadoran government as part of a public-private partnership. The Salvadoran government plans to reinvest mining profits into its energy infrastructure to promote economic growth.
