El Salvador

El Salvador

Vídeos

El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine

Volcano Energy announced $1 billion in commitments to build a 241 megawatt (MW) bitcoin mine in the Metapán region of El Salvador, according to a Monday press release on Twitter. "The Hash" panel discusses stablecoin issuer Tether's investment in the project and the state of bitcoin mining around the world.

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Finanzas

El Salvador's Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine

Stablecoin issuer Tether is among the investors in the new bitcoin mining site powered by solar and wind energy in El Salvador.

Pequeña bandera ondeando en la parte superior del ayuntamiento en la ciudad de Santa Ana, El Salvador. (Getty Images)

Finanzas

Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office

The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week.

Strike CEO Jack Mallers announcing Strike’s El Salvador headquarters at Bitcoin 2023. (Frederick Munawa)

Tecnología

Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees

The firm says El Salvador will serve as its base for operations in Latin America.

El Salvador (Esaú González, Unsplash)

Vídeos

Bitcoin in El Salvador Is 'No Longer an Experiment': Asobitcoin President

Bitcoin transaction fees are, on average $20 per transaction and it surged to as high as $30 on Wednesday morning on the rising popularity of BRC-20 tokens. Asobitcoin President Will Hernandez dissects how this is impacting Salvadoran's use of the cryptocurrency on the ground in El Salvador.

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Vídeos

What Surging Bitcoin Transaction Fees Mean for Users in El Salvador

Increasing activities on the Bitcoin network have pushed the average transaction fee to a 2-year high, according to data from BitInfoCharts. Asobitcoin President Will Hernandez discusses the state of El Salvador's bitcoin experiment and whether the transaction fee surge impacts BTC users in the country.

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Vídeos

How Bitcoin Beach’s Pioneering Circular Economy Aims to Make a Global Impact

Bitcoin Beach is a coastal community in El Salvador that has garnered over 3,000 bitcoin users, including more than 500 families and 120 businesses. The project's director Mike Peterson joins "All About Bitcoin" to discuss the significance of circular economies and the state of bitcoin adoption. Bitcoin Beach is one of CoinDesk’s Projects to Watch in 2023.

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Consensus Magazine

Bitcoin Beach’s Pioneering Circular Economy Is Making a Global Impact

This Salvadorean coastal community has garnered over 3,000 bitcoin users including more than 500 families and 120 businesses. Its adoption model is now being replicated around the world. That’s why Bitcoin Beach is one of CoinDesk’s Projects to Watch 2023.

(Rachel Sun/CoinDesk)

Regulación

El Salvador Grants First Digital Asset License to Bitfinex

Tokenized shares and yield-bearing assets are potential products that could be launched under the new regulatory framework approved by the Central American country.

El Salvador (Esaú González, Unsplash)

Regulación

El Salvador President Bukele to Introduce Bill That Would Eliminate Taxes on Technology Innovations

The country in 2021 became the first nation to adopt bitcoin as legal tender.

El Salvador President Nayib Bukele (Getty Images)