According to the research perspective of an analyst from a certain trading platform, if American companies enter Venezuela and develop local crude oil resources, this could trigger an interesting market chain reaction. An increase in energy supply would lower global oil prices, which is a tangible positive for the Bitcoin mining industry—after all, electricity costs directly impact miners' net profits.



Specifically, a drop in oil prices would reduce overall energy costs, lowering miners' operating expenses and expanding profit margins. This creates conditions for the expansion of mining capacity. The analyst emphasizes that even releasing only part of Venezuela's crude oil reserves would be enough to have a substantial impact on the global energy market, thereby improving the economic fundamentals of the entire mining ecosystem.
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DeadTrades_Walkingvip
· 01-08 16:03
Here we go again with this? Linking oil prices to mining—really, anything can be connected, haha.
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DaoTherapyvip
· 01-07 06:19
Oil prices drop, miners make money—that logic I love haha Can Venezuela's oil really save Bitcoin? Feels like you're overthinking it a bit Cheap electricity is indeed awesome, but is it really reliable if Americans go to Venezuela... Is this really feasible? Lower mining costs mean higher profits, sounds too idealistic, doesn't it? As long as energy is cheap, mining rigs can run 24/7—it's that simple and straightforward What is this analyst trying to say, has geopolitical politics become a fundamental factor for Bitcoin? When oil prices crash, the entire industry chain has to be reshuffled, miners might really get a breather Wait, are we talking about energy costs affecting mining revenue? That's old news already Venezuela's crude oil can't save Bitcoin, but cheap electricity can definitely save miners' wallets
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retroactive_airdropvip
· 01-06 06:54
When oil prices drop, miners are happy—that logic makes sense. Can Venezuela's small amount of oil really change the global energy landscape? That's overthinking it a bit. Wait, will the US really go in and start drilling... that premise itself is quite uncertain. Lower electricity costs to expand production—easy to say, but in reality? It still depends on the coin price. If this really happens, you can go all-in on mining stocks. Sounds good, but in the end, isn't it just big institutions taking the cut?
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RooftopVIPvip
· 01-06 06:44
Oil prices have dropped, so mining can survive; this logic makes sense. Venezuela's oil is enough for what? Overthinking. Electricity costs are the real lifeline for miners; everything else is pointless. This analyst is probably just making up stories. Will cheap energy really save the mining industry? I doubt it.
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DogeBachelorvip
· 01-06 06:37
When oil prices drop, mining becomes enjoyable. This logic isn't wrong at all. Forget it, we still have to see if the US will really move on Venezuela's cake. Cheap electricity is the key, everything else is虚的. Venezuela's oil? Haha, let's wait and see. Another bunch of assumptions, hype has already been overhyped without good news. If electricity is really cheap, I would be the first to go mining. This analyst must be dreaming, is a pie falling from the sky? What does oil price have to do with coin price? Overthinking it. Miners are crying in despair, still waiting for the Americans to decide? Low energy costs can make you rich? Dream on.
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RetroHodler91vip
· 01-06 06:26
Wait, can Venezuela's oil and gas development really lower global oil prices? I find it hard to believe this logic. Mining costs do consume electricity, but is the chain really that simple... Forget it, anyway, miners are definitely betting on falling oil prices.
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