Cheap Power Brings Bitcoin Mining Boom to Venezuela as Country Moves Toward D...

Cheap Power Brings Bitcoin Mining Boom to Venezuela as Country Moves Toward D...

The very low power rates in Venezuela have created a powerful incentive to mine Bitcoin for a lucky few that have the capital (and dare) to purchase miners and infrastructure in the country. The rise of digital currencies has created a new industry that uses cheap energy and turns it into precious Bitcoin. In other regional news, Axie Infinity, a play-to-earn game, has created opportunities for the less fortunate ones. The country is going digital because of the possibilities these new tools offer. Cheap Power Creates Mining Opportunities in Venezuela The cheap cost of....


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