Indeed. I know of a medium-size 55nm Bitfury farm in Venezuela. But as others pointed out, most miners are not located in Venezuela. In fact Venezuelan authorit

Indeed. I know of a medium-size 55nm Bitfury farm in Venezuela. But as others pointed out, most miners are not located in Venezuela. In fact Venezuelan authorities are cracking down on mining farms, and have shut this one down - https://news.bitcoin.com/venezuelan-authorities-weakening-bitcoin-mining-operations/ https://news.bitcoin.com/venezuelan-authorities-weakening-bi...