Subsidized electricity.
“...Venezuela’s economic crisis intensified as a result of the collapse in the price of oil...”
Evil America’s pursuit of energy independence has driven the price of oil down...and destroyed Venezuela’s economy.
Or maybe socialism...? Nah. Won’t go there.
so, somehow every starving peasant in Venezuela will be able to set up their own bit-mining data center to feed their families? apparently socialism DOES propel advances in technology after all ...
I thought the number of bitcoins was fixed and that you could no longer mine them.
You still can?
I could never understand this concept of “bitcoin mining”
You waste a ton of electricity doing nothing, and then you get a bitcoin?
You’ve produced nothing of any value. You could run in-place for an hour and collect something for that?
I want to live,
I want to give
I’ve been a miner
for a heart of gold
It’s these expressions
I never give
That keep me searching
for a heart of gold