Want to mine cheap Bitcoin? Easy, move to Venezuela! Surely you've heard talk that mining Bitcoins is no longer worth it. Let the hard data do the talking and read on...
A US-based electric supply company has crunched the numbers for you and compared the price of mining one Bitcoin in a whopping 114 countries, dated January 2018. The data is sourced from using average electricity rates by country and and collected using 3 different mining rigs.
According to the report if you are South Korea, you're out of luck - mining one Bitcoin there costs more than $26,000. So that's probably also a contributing factor why all the cryptos are trading at a small premium there. But live in Venezuela? Nice! Don't hesitate a moment more to quickly set up your mining business to grab some of that precious commodity.
Want to know how your country fares? Head over to elitefixtures.com and see if you've been throwing money in the wind and actually need to move over to your neighboring country.
The following article is SFW (Suitable For Work).
Remember ViCE, the adult industry token that was to be airdropped to Steem holders but got canceled recently? Well, if you have not yet invested with them - if not for the love of adult movies, but for the love of money, which should be plenty in the largest industry in the world - then read up on the latest news.
While the partners list has not been very impressive on the vicetoken.com, a recent announcment by Playboy TV might change that. On Wednesday, March 14, Playboy TV announced that they will be integrating a cryptocurrency wallet system, that can then used to pay for content. The starting token will be VIT - the much-hyped Vice Industry Token, with other major cryptos probably following suit soon. Can't be a full service without Litecoin, right?
“As the popularity of alternative payment methods continues to grow around the world, along with the reach of Playboy’s digital platforms, we felt it was important to give our 100 million monthly consumers increased payment flexibility,” said Reena Patel, chief operations officer of licensing and media at Playboy.
If the initial cryptowallet rollout becomes a success, Playboy will consider applying the modern payment options to their other projects as well, such as Playboy Magazine, VR, augmented reality etc.
So here we arrive at the Vice Industry Token again. If you follow their newsletter, you probably also got a notice from them, that their crowdsale is ending in 24 hours. But with canceling the airdrop to Steem users, they created a bonus they are giving to all early buyers - an additional 50% of your purchase will be added to your tokens.
With approximately half a day left until the end, this is possibly your last chance to get your hands on some cheap VIT. According to their team (who has a habit of changing dates un-expectedly), the proxy tokens will be distributed to all buyers on March 20th, according to their smart contracts, which in turn will be replaced with the official VIT when the project launches later this year.
Read the original announcement here (SFW) - playboyenterprises.com
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lets gooo tooo venezuellaaaaa
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Yeah and please send me some of that cheap bitcoin from there.
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hahaha for suuuuure maan :D
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Very interesting regarding the mining. I wonder if it is still worth it to mine, unless you have a heck load of capital to get the to miners.
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Apparently in many countries you can still make a killing with it, if you have some money to tie in it.
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It's actually a great opportunity but....
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👍👍
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if you are south korean it is time to sleep!
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