Post
Topic
Board Bitcoin Discussion
Re: Why bitcoin is not supported in some countries?
by
Doms
on 31/01/2017, 03:31:00 UTC
I read an article last week regarding three Venezuelans being arrested because of bitcoin mining, illegally using electricity that is heavily subsidized by the government. I heard that electricity is relatively cheap in that country and miners surely took advantage of it. That might be another bad news for bitcoin and that could add in the decision making of governments whether to allow such a thing or not.