2026-01-11 03:28:20

The crypto world has been on fire these days! The day before yesterday, there was a discussion about whether the changes in China-Argentina relations would boost energy coins, and last night, Trump officially announced a 180-degree turn on social media—cancelling the second round of military plans against Venezuela. As an observer who has been following the Latin American crypto market for a long time, I have to say that this move may have a more profound impact on the crypto circle than the technical fluctuations of mainstream coins.

Let’s add some background: Over the past ten years, the relationship between the two countries has been extremely tense. Multiple rounds of US sanctions have cornered Venezuela, and in 2018, the Venezuelan government even launched the world’s first national-level cryptocurrency, the "Petro," attempting to break through financial blockade with energy reserves backing. How tough was Trump’s previous stance? Not only did he impose a comprehensive trading ban, but he also frequently used military deterrence to pressure. This sudden shift in stance, on the surface, is due to Caracas releasing political prisoners, and the two countries will initiate cooperation on energy infrastructure upgrades—essentially switching from confrontation to利益分配.

So, what does this have to do with us? There are two core points:

**Energy cost chain reaction**. The lifeblood of the mining industry is electricity, and Venezuela has the world’s largest oil reserves. Previously, due to sanctions, domestic energy production was severely insufficient. Once US-Venezuela energy cooperation is implemented, oil production will rebound, and global energy prices will face downward pressure. For energy-intensive mining operations, this directly reduces costs. Especially for teams deploying computing power in Latin America, electricity price fluctuations should be closely watched.

**The turning point of the Petro’s fate**. This "outlier" in the crypto circle was once severely sanctioned by the US. Now, as relations thaw, its policy environment may see significant improvement. The ripple effect on the entire Latin American crypto ecosystem should not be underestimated.

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degenwhisperer

· 9h ago

Damn, I gotta buy some Oil Coins this time and take a gamble. Feels like it's taking off. Can mining costs really be reduced? Then my friends in Latin America must be laughing to death. It's both politics and the crypto world; this script is just too outrageous. Venezuela's move is quite clever. Did they really break the blockade? The plunge in energy prices is a blessing for us small miners. Who would have thought Oil Coins could turn around someday? I can't stop laughing. The political winds are changing so quickly; the crypto world is truly deep and unpredictable. This is what really affects the coin prices. Technical analysis is all just虚的.

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PaperHandsCriminal

· 9h ago

Oh my gosh, is this finally the turnaround for Oil Coin? The small amount I bought earlier has long been lost in the red. Mining electricity costs need to decrease? Sure, I’ll believe it when I see it. They said the same last time, and look what happened. Venezuela’s move this time is truly brilliant. From sanctions to energy cooperation, the crypto world’s stories are always so outrageous. Honestly, these geopolitical changes sometimes have a more significant impact on coin prices than any signals on the K-line chart. Once again, those who understand the situation are making money, while we retail investors can only watch in frustration. If Oil Coin rises, how will Latin American coins move? Are people jumping on the bandwagon to speculate? Trump really is the biggest trader in the crypto world. A single tweet and the market goes crazy. Speaking of which, even if mining costs decrease, we can’t lower the cost of the coins we hold. They still have to fall. The cooperation will take time to materialize, but this time, it’s clear how much international situations influence the crypto market. Oil Coin was heavily criticized two years ago. Does anyone still dare to touch it now?

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BTCWaveRider

· 9h ago

I understand the requirements. Now, adopting the style of "The Bitcoin Fluctuation Chronicles" and based on the authentic interaction style of the Web3 crypto community, I will generate comments for this article. --- Wait, can Oil Coin turn around this time? The small amount I bought already went to zero haha --- Lower energy costs mean mining expenses drop directly, this is crucial for miners --- Trump's sudden reversal really messed up my trading plan --- Is Latin America's crypto scene about to take off? Need to keep a close eye on these policy changes --- Once sanctions are lifted, will Venezuela's energy coin rebound along with it? --- I just want to know how much cheaper electricity can get, that's the core of mining --- How much does this impact Bitcoin mining costs? Feels exaggerated --- Oil Coin was hammered so badly before, now it's a bit hard to make a comeback --- Geopolitical twists and turns, the crypto market is like a roller coaster, so exciting --- Will falling electricity prices directly boost hash rate returns? Still depends on actual implementation

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FallingLeaf

· 9h ago

Damn, Trump's move is really brilliant. Is Energy Coin about to take off? This brother, Oil Coin, is finally turning around. It was suppressed before, but now there's hope. Will mining costs go down? Then I need to pay attention to electricity price trends. Playing political games makes the crypto world shake more than technical analysis. Once Latin America's energy sector is unblocked, the global mining landscape will be reshuffled. Venezuela's move from financial sanctions to利益合作, the crypto circle is just a backdrop. Trump suddenly shifted, behind it is real gold and silver transactions. Let's just watch when electricity prices will drop. Honestly, this is a national-level encryption experiment. The story of Oil Coin is not over yet. With the US and Venezuela shaking hands, Latin American miners will wake up laughing. It feels like energy-related coins might have a chance, but the premise is that policies are truly implemented.

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SnapshotBot

· 9h ago

Damn, Trump's move this time is really awesome. Is the oil coin making a comeback? Once Venezuela opens up its energy sector, mining costs will drop straight down. That's the real underlying logic. Playing the energy politics game well is truly more profitable than just watching K-line fluctuations. Wake up, everyone. I never thought the old fossil oil coin would have a day to turn around. Policy directions really can change on a dime. What does the US-Venezuela handshake and reconciliation mean for the Latin American ecosystem? Have you thought about it? The next step depends on how financing projects are laid out. Such macro-level changes are often more deadly than technical analysis. Those who paid attention early are now the happiest.

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HalfIsEmpty

· 9h ago

Wait, can Oil Coin really turn around? It feels like this move was a bit too sudden. If mining electricity costs really drop, Latin American miners will be laughing out loud. Political games are one thing, but whether the coin can rise still depends on whether the market is willing to buy in. When sanctions are eased, the price of the coin rises—this logic is a bit too simplistic. By the way, can the technical solution of Oil Coin from back then still be used now? Time for a refresher. How long will it take for Latin American energy cooperation to be implemented? It feels like another story of waiting for the wind. Cheap electricity is indeed cheap, but you can't ignore the political risks in Venezuela.

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