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July 4, 2022
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Cheap electricity a boon for bitcoin mining in cash-strapped Venezuela

On a factory floor in Caracas, the din of dozens of computers working non-stop is deafening. This is the sound of a bitcoin mine—one of several in a country where cheap electricity has made crypto mining a rare profitable endeavor.On a factory floor in Caracas, the din of dozens of computers working non-stop is deafening. This is the sound of a bitcoin mine—one of several in a country where cheap electricity has made crypto mining a rare profitable endeavor.

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