Venezuelans Turn to Cryptocurrency Mining to Generate Passive Income

The Bolivarian Republic of Venezuela is home to one of the worst hyperinflation crisis in the world. Because of this, citizens are increasingly turning to mining cryptocurrencies to make up for their lack of funds.Cryptocurrency Mining BoomOne major reason that crypto mining is booming is because of the country’s energy situation. Electricity, although sometimes spotty, is almost free, as a result of both the hyperinflation as well as government-mandated utility price freezes.
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