You Searched For "el salvador bitcoin mining" and got 20 results
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2 mins read
El Salvador's millennial crypto-loving president says the country's bitcoin holdings are up more than 40%
Nayib Bukele said if El Salvador sold all of the bitcoin in its coffers today, it would bank roughl…
Phil Rosen
1 min read
'We have no intention of selling': El Salvador's millennial president touts the country's bitcoin investment as the token soars
Nayib Bukele said if El Salvador sold all its bitcoin at current prices, it would recover 100% of i…
Phil Rosen
2 mins read
The IMF is urging El Salvador not to use bitcoin as legal tender citing the 'large risks' associated with the cryptocurrency
Using bitcoin as legal tender "entails large risks for financial and market integrity, financial st…
Isabelle Lee
1 min read
El Salvador President Nayib Bukele says he will use some of his country's bitcoin profits to build 20 schools
El Salvador will use a "few million" of its bitcoin profits to build 20 schools, President Nayib Bu…
Camomile Shumba
1 min read
El Salvador's President Bukele says the country purchased $25 million worth of bitcoin after waiting to 'buy the dip' below $60,000
El Salvador has added another 420 bitcoins to its official holdings, according to a tweet by Presid…
Camomile Shumba
1 min read
El Salvador's President Bukele says the first steps in the country's bitcoin volcano project are underway
Video shared by Bukele shows bitcoin mining rigs being installed near a volcano, after he promised …
Camomile Shumba
1 min read
El Salvador's crypto-loving president says the country will spend $4 million worth of its bitcoin on a pet hospital
El Salvador's President Nayib Bukele said on Sunday some of the country's bitcoin gains would fund …
Camomile Shumba
1 min read
2 mins read
El Salvador's bitcoin-loving president hits out at the 'boomer' senators who want the US to examine its crypto adoption
"We are not your colony, your back yard or your front yard," Bukele said, as the bill called on the…
Adam Morgan McCarthy
1 min read
El Salvador is opening a 'bitcoin embassy' in Texas in a bid to promote more acceptance of crypto
El Salvador is reaching again beyond its borders to broaden its bitcoin strategy, following a partn…
Carla Mozée
1 min read
The World Bank rejects El Salvador's request for help implementing bitcoin due to the token's climate impact
The World Bank said it can't help El Salvador in its mission to make bitcoin legal tender, "given t…
Harry Robertson
1 min read
El Salvador passes law for bitcoin-backed 'volcano bonds' and eyes expanding to other cryptocurrencies
The bond issuance was originally planned for early 2022, and El Salvador seeks to raise $1 billion …
Brian Evans
1 min read
El Salvador's president says the country has mined its first bitcoin using volcano energy
El Salvador's President Nayib Bukele said the first bitcoin had been mined in the Central American …
Camomile Shumba
2 mins read
The president of El Salvador says the country is exploring using geothermal energy from volcanoes to mine bitcoin following its decision to make the cryptocurrency legal tender
Nayim Bukele has instructed El Salvador's state-owned geothermal energy company to put up a plan to…
Will Daniel
2 mins read
Bitcoin trading losses may have cost El Salvador $10 million amid crypto slump, report says
Led by President Nayib Bukele, El Salvador has bought at least 1,391 bitcoins using public funds, a…
Isabelle Lee
1 min read
El Salvador is about to issue its billion-dollar bitcoin bond though the timing is tricky — 'I didn't expect the war in Ukraine'
El Salvador's finance minister said the country still plans to issue its bitcoin bond this week but…
Natasha Dailey
1 min read
Remote mountain Kingdom of Bhutan is operating secret, state-owned Bitcoin mining facilities, report says
The remote Himalayan kingdom has never publicly announced its Bitcoin operations, but it has been s…
Polly Thompson
1 min read
El Salvador bought $15 million worth of 'really cheap' bitcoin as the cryptocurrency sank, according to the country's president.
El Salvador bought 410 bitcoins "really cheap" for $15 million during crypto selloff, according to …
Hamza Fareed Malik
3 mins read
The top 5 wildest crypto moments of 2021
To say 2021 was a crazy year for cryptocurrencies is an understatement. Insider takes a look back a…
Isabelle Lee
2 mins read
El Salvador's Nayib Bukele is a president for the meme-stock generation: He's obsessed with stonks, silly numbers, bitcoin, and the 'dip'
At 40 years old, Bukele is also a Millennial — the cohort thought to be behind the meme-stock…