El Salvador plans Bitcoin mines fueled by geothermal energy

El Salvador plans Bitcoin mines fueled by geothermal energy

Assessment

Interactive Video

Science, Business

11th Grade - University

Hard

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El Salvador plans to build Bitcoin mining factories using geothermal energy from volcanoes, aiming for clean, zero-emission power. Bitcoin mining, managed by a decentralized network, is energy-intensive, prompting some countries to reconsider its viability. China's recent crackdown on mining highlights global concerns. Bitcoin's energy consumption is significant, with emissions comparable to millions of cars, raising environmental issues.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What plans did El Salvador's President announce regarding Bitcoin mining?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does El Salvador plan to power its Bitcoin mining factories?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are other countries facing regarding cryptocurrency mining?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

According to the BBC, how would Bitcoin rank in terms of energy consumption if it were a country?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the environmental impact of the Bitcoin industry according to the report?

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