Five sovereign nations have revealed they're mining Bitcoin:
- El Salvador
- Bhutan
- Oman
- UAE
- Ethiopia
Who's next?
Discussion
I bet on Argentina, or some African State..
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Wait WHAT. UAE is mining?
It's a joint project between with MARA https://www.google.com/amp/s/www.coindesk.com/business/2023/05/09/marathon-digital-in-jv-for-immersion-cooling-bitcoin-mining-in-abu-dhabi/amp/ (unless they are very distinct parties?)
Sorry, you're right, Abu Dhabi soverign wealth fund is a state one, as UAE doesnt have a sovereign wealth fund, no edits allowed :(
Venezuela has been mining for a while
Has the government confirmed it?
They do it at least partially with miners they stole (confiscated) from people, so they didn’t exactly have a press release about it.
The government is less interested in public opinion and more on lining their pockets and evading sanctions
One of the first if not the first country that instituted a body to regulate the industry called SUNACRIP. It’s corrupt af of course, at least last I checked a few years ago