The President of The savedr Nayib Bukele, unveiled more details about the modern city that will be supplied with geothermal energy, the innovative project called Bitcoin City, information released in a Press release of the government this January 9, 2022.
The production of the Energy geothermal will be under the supervision of the Salvadoran company LaGeo, which has two plants, one in Ahuachapán and the other in Usulután.
“We have dug new wells and we plan to increase our geothermal production”, He highlighted the Latin American mandate by noting that in total there are four wells that are on the way to contribute to production.
One of the wells that has made the most progress in the consolidation process has the capacity to contribute 95 megawatts (MW) “of clean, cheap and renewable energy, from a source that will last for at least a couple of million years ”, President Nayib Bukele commented.
According to the statement, the surpluses that can be obtained with these wells will be used for Bitcoin mining. and thus be able to add more cryptocurrencies so that they circulate in the ecosystem
“… We have a 90% probability of finding a well (with the capacity) to (contribute) at least 42 MW. Enough to provide energy to the entire Bitcoin City ”, explained the head of state.
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