Argentinian town to invest in crypto mining to fight inflation and upgrade infrastructure

2022.04.13 14:36

Argentinian town to invest in crypto mining to fight inflation and upgrade infrastructure

The town of Sorradino in Argentina’s Santa Fe Province could begin to mine crypto in a bid to raise the money needed for its rail infrastructure upgrade. Its mayor doesn’t see any risk in mining the digital currencies that can be sold immediately.

As the local media reported on Sunday, the town of 6000 people has already purchased six graphics cards and will be buying a mining rig in the near future. According to Sorradino’s mayor Juan Pio Drovetta, the initiative to mine cryptocurrencies was supported by the local community.

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