Quote from: Cryptotourist on February 26, 2019, 11:49:10 AM

Quote from: Pamoldar on February 25, 2019, 04:48:41 PM

Quote from: LFC_Bitcoin on February 25, 2019, 03:04:17 PM

Venezuela is one of the cheapest places in the world (on record) to mine bitcoin because of the really cheap electricity prices. Anybody feel like going to live there for 12-18 months & setting uo a mining farm with me? Wink

I heard living there is too risky there.

Yeah, if someone had solid connections there I would consider.
Without some sort of reassurances by the locals - it's not possible.

Long time ago (15 years ago?) I was dating a (very) rich Venezuelan girl for a brief period of time. The situation was already bad enough that most rich people had flown away, sold their businesses to global corps and bought properties in Manhattan, Monaco, Madrid, etc.... For their homes in Caracas they had almost an army of privately hired (payment shared between several families/communities) security personnel with auto weapons. They knew the government of Chaves was unable and not going to protect them against robbers, hijackers, etc... more so as they were opposed to him. it was very frequent to hear the fire of weapons in the night.

Most of them are well established now out of their originating country, probably to never come back... unless things change.

And I am talking 15 years ago! Can't even dare to imagine what kind of shithole of a country it has become now. You really don't want to go there, much less if you have any money. Really. Completely forget about it.