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RE: Bitcoin mining can be a terrifying nightmare in Venezuela

in #vincentb7 years ago

The key here is "control". The government wants to stablish official mining facilities and announcing that they want young people to "work" on these. The truth is you don't need many people to run these mining "farms" and my best guess is that they want to hire a bunch of people (and pay them something close to a minimum wage, about 4US$ a month here) to inflate the employment rates, while keeping for themselves all the mined cryptocurrencies