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Venezuelans Turn to Bitcoin Mining, Use Subsidized Electricity to Profit

Fri Dec 09, 2016 8:32 pm

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The Venezuelan economy has transformed into turmoil as its national currency has rapidly declined in value and its people are left with no viable store of value to finance day-to-day living. To prevent further losses and protect their wealth, some Venezuelans have been mining bitcoin, a decentralized digital currency that better serves as a store of value...

Read more here:

https://btcmanager.com/news/finance/ven ... to-profit/


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