Topic: Venezuela plans to dam the Orinoco to mine crypto - page 2. (Read 208 times)
interesting news, however the Venezuelan government is not in a good shape recently , I m not sure these internal decision taken by that government will have significant impact worldwide
Orinoco dam project from Venezuela's Crypto mine is going to be a very promising project. Here's the government's cooperation. I think it will be good in the future. It seemed to me very secure and profitable.
There is a lot of forward in the Cryptocurrency in Venezuela. I think it's going to be very nice to get a new crypto. The Venezuelan government is behaving like a helper. Orinoco will do better in the future. The probability is much more.
To earn crypto I hope mining is one of the great way. But those need to be patient and practical in this platform otherwise they failed.
Last year Pesonally I was tried to mining bitcoin. And successfully I can earn suffeciant bitcoin. But it costs much for me. But I hope there has some great opportunity to mining bitcoin.
Petro’s connection to the govt. goes against the idea of cryptocurrencies. It is designed to be decentralised and free from govt. or central bank control. It’s not really a cryptocurrency, it is a digital token, backed by oil reserves.
Few days back Peru also came up with Perucoin. Now Venezuela is also planning to enter the trade even bigger. Good to see government is involving directly in crypto world. South America is taking pragmatic steps here.
One day after announcing a stopgap measure to dam in inflation in Venezuela. President Maduro unveils plans to built the world's biggest hydro-electric powerplant in the world.
https://www.reuters.com/article/us-venezuela-economy/venezuela-to-remove-five-zeroes-from-ailing-currency-idUSKBN1KF36V
President Maduro signed a deal with the Chinese to built a dam in the Orinoco river near the city of San Fernando de Apure. This will create the world largest hydro electric dam with an estimated output of 42000MW, almost double that of the current largest hydroelectric plant the ' Three gorges dam' in China.
The built will take a decade to complete and will create a hundred thousand jobs for Venezuelan families.
The output of the hydro-plant be used to mine Petro, a cryptocurency the country launched in February this year.
Citizens will be able to use this currency to activate cars, trains, carnival rides and even aircraft from their smartphones.
It is also believed many tourists will be drawn to Madurodam.
https://es.wikipedia.org/wiki/Madurodam
https://www.panamericanworld.com/sites/default/files/styles/node-main-pic-700_320/public/329c0a5b33484e3aa2406dd7d089f73b.jpg?itok=XBh6Fwtz
https://www.reuters.com/article/us-venezuela-economy/venezuela-to-remove-five-zeroes-from-ailing-currency-idUSKBN1KF36V
President Maduro signed a deal with the Chinese to built a dam in the Orinoco river near the city of San Fernando de Apure. This will create the world largest hydro electric dam with an estimated output of 42000MW, almost double that of the current largest hydroelectric plant the ' Three gorges dam' in China.
The built will take a decade to complete and will create a hundred thousand jobs for Venezuelan families.
The output of the hydro-plant be used to mine Petro, a cryptocurency the country launched in February this year.
Citizens will be able to use this currency to activate cars, trains, carnival rides and even aircraft from their smartphones.
It is also believed many tourists will be drawn to Madurodam.
https://es.wikipedia.org/wiki/Madurodam
https://www.panamericanworld.com/sites/default/files/styles/node-main-pic-700_320/public/329c0a5b33484e3aa2406dd7d089f73b.jpg?itok=XBh6Fwtz
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