Crypto currency helps people survive in Venezuela

in bitcoin •  7 years ago 

Greetings, Steemit!

According to statistics, in Venezuela about 100,000 inhabitants are not legally engaged in mining.

If throughout the world mining crypto currency is perceived as a popular trend, in Venezuela mining is almost the only way to earn a living and livelihood. The depreciation of the local currency, lack of work and the expensive dollar spurred the local population to clear the crypto currency and thereby provide for their families.

Authorities monitor the excessive consumption of energy from this activity and periodically visit the foci of consumption by fining those responsible for the theft of electricity. Venezuelans began to negotiate with all neighbors and relatives, thus distributing consumption to several households reducing the very fact of consumption for mining.

Here are the conditions in which people survive at the expense of mining bitcoin.


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Venezuela (my beloved country) nowadays have a real nightmare in all basic human needs, the public services are almost free, but this mean zero maintainence.... people needs more public services with a minimun regular quality, while the groups of population of less resources increase and media class decrease or get out the country, without hope of a significative improve.

I'm sure cripto-mining represent earn good money to some people, but please, remember minning always consum too much electricity.... if the cripto mining-pools and cripto-mining farms turn in massive.... all country could suffer a big blackout.... please be carefull!

I support your warning