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International Business Times
International Business Times
Business
Marvie Basilan

'Bitcoin Country' El Salvador's Students Now Learning About Mining ASICs

El Salvador's President Nayib Bukele has been on a mission to encourage Salvadorans to adopt Bitcoin in their daily financial transactions. (Credit: AFP)

KEY POINTS

  • Mi Primer Bitcoin taught students at the Instituto Nacional de Ciudad Delgado on Wednesday about ASIC miners
  • ASICs were especially developed for the Bitcoin and crypto mining sector
  • El Salvador recently proposed private investment banks that use Bitcoin
  • The country has also kept up with Bukele's promise of buying BTC daily

El Salvador, known for its advocacy of broader Bitcoin adoption under President Nayib Bukele, has been promoting BTC education for a few years now, and students in the country are now learning about ASICs – application specific integrated circuits – in BTC mining.

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