I heard that mining 1 Bitcoin in Venezuela costs approx. $3k whereas in European countries it's more than $6k. It would be a big shame if they had banned mining.
You should not listen to rumors, there are some research which confirmed that in Venezuela mining of 1
BTC is the cheapest in the world and cost only
530$. Also judging by the
statement from Carlos Vargas ( governments cryptocurrency superintendent ), crypto mining is not illegal and all citizens who were indicted and prosecuted will be released from all charges. This is news from January 30 2018, it is possible that something has changed since then, so if you plan to move in Venezuela for mining everything needs to be checked. Just for info, the average salary in this country is less then 10$.