There’s a Crypto-Mining Machine in Every Home in Caracas

The craze is the result of hyperinflation mixed with free electricity.

The skyline of Caracas.

Photographer: Noah Friedman-Rudovsky
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Editor’s Note: There are few places as chaotic or dangerous as Venezuela. “Life in Caracas” is a series of short stories that seeks to capture the surreal quality of living in a land in total disarray.

Crypto fever may have cooled across much of the globe, but don’t tell that to folks here in Caracas. They’re mining coins like crazy.