El Salvador’s National Bitcoin Office has announced that its geothermal system, located at a volcano, has successfully mined around 474 BTC over the past three years. This makes El Salvador the first country in the world to make Bitcoin legal tender and has resulted in the country accumulating approximately $30 million worth of Bitcoin. The power plant, fueled by the Tecapa volcano, has been equipped with 300 processors dedicated to mining BTC. Out of the 102 megawatts generated by the plant, 1.5 megawatts are used for mining the leading cryptocurrency. El Salvador currently holds 5,750 BTC, valued at around $373 million. In December, El Salvador’s “Volcano Bonds,” which are the world’s first Bitcoin bonds, were approved but delayed due to the drop in BTC price. Despite the rising price of Bitcoin, President Nayib Bukele declared that El Salvador has no plans to sell its BTC holdings. At the time of writing, Bitcoin is trading at $64,929, reflecting a 5.74% increase in the past 24 hours.