Salvadoran President's new plan: Install BTCMiningNode in every household nationwide, cost exclusively exposed

Max Keiser, BTC adviser to Salvadoran President Nayib Bukele, recently revealed that the government is planning to install BTCNode in every home in the country. (Synopsis: Tether announced that it will move its headquarters to El Salvador, and a number of executives have purchased local real estate to obtain citizenship) (Background supplement: Embrace BTC+ strong anti-gang work!) El Salvador welcomes 3.9 million tourists in 2024, a record 22% annual increase) Max Keiz, a BTC adviser to Salvadoran President Nayib Bukele, recently revealed that El Bukele's government is preparing to install BTCNode in every home in the country. The project is seen as the world's first nationally promoted initiative that could revolutionize the way the country's BTC ecosystem works and is seen as an action to further strengthen El Salvador's image as a "BTC country." JUST IN: Max Keiser says, “President Bukele is preparing is Install a #Bitcoin node in every home in El Salvador.” Bitcoin country is winning pic.twitter.com/ylHOGC2saL — Bitcoin Magazine (@BitcoinMagazine) January 14, 2025 Cost and Computing Powerrise Analysis The editor estimates that if El Salvador implements the "family node plan", hardware costs and computing Powerrise will be at the heart of the outside follow. There are about 1.5 million households in El Salvador, with a GDP of $30.72 billion in 2022, and the current scale of Computing Power on the entire BTC network is about 850 EH/s. The choice of different equipment will have a significant impact on the cost and global BTC network, and this solution takes into account practical factors such as cost recovery, electricity costs and venue. Low-cost option: Used Antminer S9 Choose the lower-priced used Antminer S9 ($120 each, Computing Power 13.5 TH/s), the total hardware cost is about $180 million, or 0.6% of El Salvador's GDP. These devices will increase the global BTC network Computing Power by 20.25 EH/s, accounting for about 2.38% of the entire network's Computing Power. The cost of this solution is relatively controllable, and it is suitable as an initial implementation plan of the plan, but the problems of limited equipment performance and low energy efficiency need to be considered. High-performance solution: The Antminer S19 Pro uses the more powerful Antminer S19 Pro ($2200 each, Computing Power 110 TH/s), and the total hardware cost will be up to $3.3 billion, accounting for 10.7% of El Salvador's GDP. These devices can add 165 EH/s of Computing Power to the global BTC network, accounting for about 19.4% of the total Computing Power, greatly improving the security and decentralization of BTC network. However, the economic pressure on Saskatchewan is enormous, and infrastructure support such as stable power and networks is needed. Since El Salvador became the first country in the world to list BTC as legal tender in 2021, it has repeatedly demonstrated its support for BTC, including the launch of "BTC City" and the use of volcanic energy for BTCMining. If this home Node installation plan is implemented, El Salvador will once again demonstrate its leadership in BTC innovation at the national level to the world, and we will continue to follow." Related reports Tether announced that it will move its headquarters to El Salvador, and a number of executives have purchased local real estate to obtain citizenship Embrace BTC+ strong anti-gang crime effective! El Salvador welcomes 3.9 million tourists in 2024, an annual increase of 22% to a record high Does not dump IMF restrictions" El Salvador rarely increased the position this morning 11 BTC, BTC purchase plan will accelerate? "El Salvador's President's New Plan: Every Household in the Country Installs BTCMiningNode, Cost Exclusive Exposure" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".