17 sats \ 0 replies \ @Porto 28 Jul 2022 \ on: Brazil Plans To Put Percentage Of Treasury Into Bitcoin = Tax Breaks For Miners bitcoin
I'm Brazilian and sorry to inform that I'm extremely skeptical regarding this.
- Corruption is huge in Brazil. If gov isn't having direct benefits they won't make any change.
- Energy in Brazil is really expensive ~0.19usd per kwh so mining here isn't very profitable
- Yes we do have a lot of sun and solar should be a good investment but import tariffs are also extremely high (at least 50% of price!)...