Reports indicate that Tether, the company behind a digital currency pegged to the U.S. dollar, is expanding its investments in green Bitcoin mining by partnering with Volcano Energy in El Salvador. Green Bitcoin mining refers to the process of mining the cryptocurrency using renewable and environmentally friendly energy sources. This move comes after El Salvador adopted Bitcoin as legal tender and announced plans to utilize volcanic energy for electricity generation. Investors hope that this investment will promote blockchain technology adoption and contribute to sustainable development and environmental sustainability in El Salvador.
Tether Expands Investments in Green Bitcoin Mining, Invests in El Salvador’s Volcano Energy
SourceNews Bitcoin
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