Now in Venezuela it is totally legal to mine btc> << they must have a license and pay the corresponding taxes
 in addition to keeping a record of their activities for 10 years.
The regulatory body is called Sunacrip> << therefore the importation of said mining equipment is regulated.
 An important aspect is that mining equipment can be built in Venezuela that implies
a great development for equipment manufacturers.

Mining farms will now be legal and supervised by the regulator Sunacrip
Venezuela is one of the Latin American countries with the highest activity in the world of cryptocurrencies.

The central idea is to create a central pool of btc production> << 
These are groups of miners who work to confirm transactions on the blockchain and receive their rewards. 
The initial creation of 10,000 mining nodes is expected. The government of Venezuela will be in charge of managing the pool 
and paying the rewards

In that country, the activity of currencies such as btc, ltc, dash and doge is high.
It is possible to exchange the Venezuelan crypto currency for btc or fiat money.

Exist the exchanges dedicated to the exchange of said cryptocurrencies for local currency in real time
and they are working very efficiently, which has benefited the thousands of users who are active in all 
phases of money production despite the super hyperinflation that attacks the country artificially.

The economy is fully dollarized, and the talent of Venezuelans has come into action to deal with this new reality 
<<< buy goods and services and pay for them directly in dollars or in crypto.

Another interesting factor is the creation of new cryptocurrencies apart from the petro,
 such as the drachma, the andescoin. Arepacoin and others who are in face ico.
 But the Venezuelan market is very classic and prefers the use of coins with a lot of experience in the market.