Museum of Bitcoin Mining History Opens Its Doors in Venezuela.

XcelToken Plus
XcelPay Magazine
Published in
2 min readJul 21, 2021

A newly created Museum of Bitcoin Mining History opened its doors to the public in Venezuela last weekend. The new initiative pushed by Criptoavila, a private company whose members have nine years of experience in the mining business, aims to introduce people to the world of bitcoin mining. The museum, which is located in Caracas, will be open to all audiences and will be free to enter.

According to Criptonoticias, the exhibition will show the evolution of Bitcoin mining since its central processing unit (CPU) origins, passing through the graphics processing unit (GPU) mining stage. Then finally arriving at the current application-specific integrated circuit (ASIC) or integrated circuit (IC) mining era that the industry is experiencing. One of the objectives of this museum is to increase awareness about bitcoin mining in the general population, as Joan Telo, a member of Criptoavila stated. He stressed:

We decided to take this step because, until now, there is no, or at least not publicly, place where people can observe evolution and we felt it was necessary.

Telo also stated they would be adding new equipment to keep up-to-date with the latest trends in mining. He declared:

Our idea is to add equipment to the museum as we get them because we want to be a world reference on this issue of the evolutionary process of cryptocurrency mining.

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