Born there and run away 6 years ago, I'm at Italy doing my own mining thing. The laws that exist in Venezuela do not work at all, everything it's on it own worse escenario , the potential for mining, yes, but very dangerous, extortion, the danger of life it's imminent. Government agency analyze your power consumption because the electricity company itìs owned by the government as well, so they can track whos mining, once they track down your location, they come and confiscate your equipment, they threat you about going in jail, when there is no law against mining, and of course they just might kill you and hide everything. Not worth it bro.
RE: Bitcoin mining can be a terrifying nightmare in Venezuela