Published on April 20th, 2017 | by bitcoin0
Why Venezuelans have turned to bitcoin mining
“At the time, there were maximum 10 profiles on the internet talking about bitcoin in Venezuela,” Brito says.
It serves as a beacon for a fast-growing digital currency mining community in a country mired in an economic crisis.
Bitcoin mining in Venezuela
Once Latin America’s top performing economy, Venezuela now has the fastest contracting economy in the world.
Within the first five months, he made $5,000, which prompted him to turn to bitcoin mining full time.
Venezuelans living abroad are also venturing into bitcoin mining to help people back home.