El Salvador - Tether commits capital to Bukele’s Bitcoin mining program
A portfolio of wind and solar assets seeded by COWA Mining’s Josue Lopez appears to be the target of a USD$1 billion project with a hashrate projection of 1.3EH/s.
On 5 June, Tether’s chief technology officer Paolo Ardoino said that his firm would invest USD$250 million into a 241MW solar and wind-based Bitcoin mining facility. This is part of a broader USD$1 billion commitment, according to Tether. The stablecoin company is marking its foray into the energy sector.
The Chairman of Volcano Energy, the local company…