El Salvador’s “Billion-dollar Bitcoin Volcano Bonds” to Hit the Road in Early 2024! Issued via Bitfinex.

It is worth mentioning that, in addition to supporting Bitcoin mining through volcano bonds, El Salvador has also launched a mining project worth $1 billion in collaboration with developer Volcano Energy, aiming to establish a national-level Bitcoin mining pool with the goal of entering the top 15 mining sites worldwide in terms of computing power. Apart from the leading stablecoin issuer Tether’s participation in the first round of financing, mining company Luxor Technology has also announced its collaboration with El Salvador to establish the country’s first lava Bitcoin mining pool.