Starving Venezuelans Turn to Bitcoin Mining in Desperation
Many people in the troubled South American nation have turned to Bitcoin mining in a desperate attempt to fend off ...
Tag: Venezuela
Despite Risk of Arrest, Venezuelans are Turning to Bitcoin Mining
In a troubled economy, more and more Venezuelans are turning to Bitcoin mining despite risk of arrest by police for ...
Venezuela’s Only Bitcoin Exchange to Resume Operations
Venezuela Bitcoin exchange SurBitcoin has announced it intends to start operating once more within a week. Legal Bitcoin Exchange in ...
Big Macs in Caracas, Prawns in Lagos are Cheaper for Bitcoiners
Travel much? Bitcoinist discovered that using Bitcoin instead of local currency gives you more Big Macs for your bits, particularly in places like Venezuela and Nigeria. ...
Venezuela Shuts Down Bitcoin Exchange, Arrests More Miners
Venezuela’s largest Bitcoin exchange Surbitcoin is no longer trading locally after its bank suddenly suspended withdrawal and deposit services. Surbitcoin To ...
Nigeria: An In-Depth Look at Using Bitcoin in a Currency Crisis
This case-study will focus on Bitcoin's rise in Nigeria. It was partially inspired by a question from Bloomberg’s Joe Weisenthal about what ...
Venezuela Arrests 4 Bitcoin Miners as Trading Highs Continue
Venezuela has arrested a group of Bitcoin miners for allegedly “affecting stability” of the country’s electricity supply. Thirsty Work Causes ...
Bitcoin is Soaring to $1,000: Why This Time, It’s Different
Bitcoin’s amazing rise continues to break records, setting an all-time high market cap and reaching for the highest price since ...
