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US access to Venezuelan oil could make Bitcoin mining cheaper: Bitfinex

January 6, 2026 by DIGIT
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US access to Venezuelan oil could make Bitcoin mining cheaper: Bitfinex

Bitcoin mining electricity costs could fall if Venezuelan oil production increases, though it may take several years before the benefits are fully realized, Bitfinex analysts say.

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  • ethereumEthereum(ETH)$3,155.21-4.13%
  • tetherTether(USDT)$1.00-0.05%
  • rippleXRP(XRP)$2.20-7.66%
  • binancecoinBNB(BNB)$896.92-2.68%
  • solanaSolana(SOL)$136.44-4.12%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,160.69-3.79%
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© 2026 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$91,203.00-2.94%
  • ethereumEthereum(ETH)$3,155.21-4.13%
  • tetherTether(USDT)$1.00-0.05%
  • rippleXRP(XRP)$2.20-7.66%
  • binancecoinBNB(BNB)$896.92-2.68%
  • solanaSolana(SOL)$136.44-4.12%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,160.69-3.79%
  • tronTRON(TRX)$0.2960421.34%
  • dogecoinDogecoin(DOGE)$0.145808-4.59%