El Salvador President Nayib Bukele used Twitter to report that Bitcoin mining through renewable energy from the Volcano has already started.

According to Bukele, El Salvador has mined nearly $500 in Bitcoins, a number the government certainly intends to increase dramatically over time.

In a follow-up tweet, Bukele clarified that “this is officially the first #Bitcoin mining of #volcanode”, the country's volcano-powered Bitcoin mine.

Bitcoin mining is controversial due to its energy consumption demands and the resulting carbon footprint. However, the landscape has changed rapidly with many miners opting for renewable ​​and cleaner energy sources such as geothermal energy.

In June, President Bukele said that LaGeo, El Salvador's state-owned electricity company, would use "very cheap, 100% clean, 100% renewable, and no-emissions energy" to extract Bitcoin.