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Venezuelans use bitcoin 'mining' to escape inflation
Yahoo! News ^ | October 21, 2017 | Alex Vasquez, Agence France-Presse

Posted on 10/22/2017 9:32:58 AM PDT by 2ndDivisionVet

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To: generally

You can still mine them but sheer demand for it relative to the limited supply means they “dig” harder and longer to get any.
This has also led to the creation of “alt-coins”, other cryptocurrencies like lite-coin, to meet the demand.


21 posted on 10/22/2017 6:43:31 PM PDT by tbw2
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To: generally

They estimate the last bitcoin will be mined in 2140.


22 posted on 10/23/2017 8:56:54 AM PDT by nitzy
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