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Bitcoin City information


Bitcoin City
Proposed planned city
Salvadoran President Nayib Bukele and Mexican architect Fernando Romero viewing a model of the Bitcoin City airport in 2022
Salvadoran President Nayib Bukele and Mexican architect Fernando Romero viewing a model of the Bitcoin City airport in 2022
Bitcoin City is located in El Salvador
Bitcoin City
Bitcoin City
Location in El Salvador
Coordinates: 13°15′N 87°50′W / 13.250°N 87.833°W / 13.250; -87.833
CountryEl Salvador
DepartmentLa Unión Department

Bitcoin City is a planned smart city project in La Unión, El Salvador. The planned city is intended to be a tax haven, and to use geothermal energy to power Bitcoin mining. The feasibility of its reliance on both geothermal energy and Bitcoin have been the subject of criticism, alongside concerns regarding delays in the project's financing and construction.

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secure hash algorithm 1 (SHA-1). Proof of work was later popularized by Bitcoin as a foundation for consensus in a permissionless decentralized network...

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generator. Such a failure in random number generation caused users of Android Bitcoin Wallet to lose their funds in August 2013. To ensure that k {\displaystyle...

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