US access to Venezuelan oil could make Bitcoin mining cheaper: Bitfinex
Bitfinex has suggested that increased U.S. access to Venezuelan oil could lead to lower energy costs for Bitcoin mining. Venezuela, known for its vast oil reserves, has been exploring ways to leverage its resources to attract cryptocurrency miners. The potential influx of cheaper energy could enhance the profitability of Bitcoin mining operations. This development may also influence the broader cryptocurrency market by making mining more accessible and sustainable.
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