Venezuela's has frequent power outages which have been happening on and off for about five years but became worse this year owing to extremely low water levels in the main hydroelectric dam and these things are making daily life especially miserable for the common people. With no electricity most of the time, how come these bitcoin farms sustain . i have seen some threads regarding the farms but i dont know how they are coping with the current situation
I still suggest closing thread and heading over to
https://bitcointalk.org/index.php?topic=1231822.0 . You will see months of talk around it. It has small and big miners at times in it.
I personally think it's a risky bet. But for every thing I topic I would bring up in other thread you will see Venezuela miners defend it. I have learned some have a very proud view of country. I think official monetary rate, black market monetary rate, government control of so much, corruption, electricity shortage's, etc..... make it hard for me to believe it's a great mining area.
But for every bad thing you mention someone will defend.... I see it happening in this thread after certain users see it.
