Bitcoin ‘mining’ is big business in Venezuela, but the government wants to shut it down

CARACAS, Venezuela — Venezuela has become widely known as an economic basket case in recent years. But with its cheap electricity and volatile national currency, the country has at least one competitive advantage: It’s a good place to make the digital cash known as bitcoin. Bitcoins are increasingly accepted online for buying real-world goods and […]

Source: http://www.washingtonpost.com/blogs/worldviews/wp/2017/03/10/bitcoin-mining-is-big-business-in-venezuela-but-the-government-wants-to-shut-it-down/