Volcano Energy and Luxor Technology Forge Path for Bitcoin Mining in El Salvador.

El Salvador’s Volcano Energy and the US’s Luxor Technology Corporation have established the world’s first Bitcoin mining consortium, called Lava Pool. The project leverages renewable geothermal energy to mine Bitcoin. Profits will be reinvested in the country’s energy infrastructure, continuing El Salvador’s initiative of utilizing Bitcoin mining and renewable energy, following its adoption of Bitcoin as legal tender. Seguir leyendo Volcano Energy and Luxor Technology Forge Path for Bitcoin Mining in El Salvador.

President Nayib Bukele Welcomes Miss Universe, R’Bonney Gabriel, Ahead of Pageant in El Salvador.

President Nayib Bukele warmly received Miss Universe 2022, R’Bonney Gabriel, in his office this Friday. The reigning beauty queen is currently visiting El Salvador, exploring its diverse tourist attractions, just a few weeks before the eagerly awaited Miss Universe pageant, which is set to take place in this beautiful Central American nation. Seguir leyendo President Nayib Bukele Welcomes Miss Universe, R’Bonney Gabriel, Ahead of Pageant in El Salvador.

El Salvador Attracts $262.6 Million in Foreign Direct Investment in the First Half of 2023.

El Salvador has seen a substantial influx of foreign direct investment (FDI) in the first half of 2023, totaling $262.6 million, according to the economic results report for the second quarter presented by the Central Reserve Bank (BCR). The primary sector receiving foreign capital was the industry, with a total of $148.9 million, closely followed by services with $115.9 million. Within the industry, the most … Seguir leyendo El Salvador Attracts $262.6 Million in Foreign Direct Investment in the First Half of 2023.

Las Palmeras, the tourism investment Project at Coatepeque Lake.

A Salvadoran company is making a significant investment of over $2 million in a tourism expansion project at Coatepeque Lake. The renowned Las Palmeras restaurant, situated on the picturesque shores of Coatepeque Lake in the Santa Ana department, is undergoing a transformation to provide both local and international tourists with a unique lakeside accommodation experience. The family-owned business, known for its diverse cuisine and ferry … Seguir leyendo Las Palmeras, the tourism investment Project at Coatepeque Lake.