Argentine presidential candidate Sergio Massa has proposed using excess natural gas from the Vaca Muerta oil fields to mine Bitcoin, sparking controversy in the local crypto community. While some argue that the initiative could put the gas to productive use, others say that the government lacks the expertise to properly manage a mining operation. Private-public partnerships or reducing taxes and easing import restrictions for private mining ventures have been suggested as possible alternatives. This signals an increasing mainstream acceptance of Bitcoin in Argentina, though the local crypto community has said that the risks of state-sponsored mining outweigh the potential benefits. #Bitcoin #VacaMuerta #Argentina #SergioMassa

You can read more about this topic here: Decrypt: Argentina Presidential Hopeful Wants to Mine Bitcoin From ‘Dead Cow’

Want more Byte Syze Crypto news?

Invalid email address
We promise not to spam you. You can unsubscribe at any time.