Venezuela Military launch crypto mining facility
In an effort to circumnavigate the sanctions that block Venezuela trading with the outside world the Venezuelan National Army have released details of the opening of the country’s first Bitcoin Mining farm.
Unblockable sources of income
The “Digital Assets Production Center of the Bolivarian Army of Venezuela” sprang into life on November 19th in an effort to generate Bitcoin and produce “unblockable sources of income”. The facility which houses ASIC mining equipment is set to exclusively mine Bitcoin and was opened by the 61st Agustín Codazzi Engineer Conditioning Brigade. Its aim is to achieve self sustainability and become an alternative to the “trust system blocked and controlled by colonialist interests” which many people believe to be a reference to the current US led sanctions on the South American country. The Mining farm has the support of the national crypto regulator Sunacrip.
International sanctions
Venezuela is the 3rd largest user of cryptocurrency in the world - a result of the popularity of Bitcoin and other cryptocurrency in an effort to combat the devaluation of the Bolivar following international sanctions. The use of crypto is fully supported by Venezuelan president Nicholas Maduro who recently said “Donald Trump and his sanctions are blocking Venezuela from carrying out transactions in any of the world’s banks. There are other formulas to pay, and it’s what we’re using because our payment system works perfectly in China and Russia.”
Growing crypto utility
In another sign of the growing utility of crypto currency and digital assets President Maduro went on to say “The finance minister and Venezuela’s central bank have new instruments which we will activate very soon so that everyone can do banking transactions, as well as national and international payments through the central bank’s accounts.”
Financial revolution
The development of the global FinTech industry has led to the emergence of new ways to bank, invest and send money abroad. Through innovative use of distributed ledger protocol and trustless systems users are now able to send money digitally within seconds circumventing traditional financial methods involving nostro vostro accounts, settlement and arbitration. In a post Covid, fairer and more connected world this financial innovation is leading to large swathes of investment in this burgeoning area of finance.
Source: https://www.instagram.com/p/CHsNgU5Bf-4/?igshid=3ozbqjv45qhk&fbclid=IwAR2zkuqIwRjPIdOOre7OlOKLr4ryzOxlIG63nEpqIztVGiV9PVYPiKwxxN8
Continue reading by joining Cryptonary Pro
$997/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
Recommended from Cryptonary
