Bitcoin Mining Museum Opens Its Doors In Venezuela. Is It The First-Ever?

The Caribbean nation of Venezuela keeps registering firsts on the book. They have arguably the first-ever CBDC, the infamous Petro, and now this. The first-ever Bitcoin Mining Museum. And even though Bitcoin is barely 12 years old, the idea makes sense. Everything has been moving too fast in that arena, someone needs to register it and preserve the past. 

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Since January 17th, the space is open for business. The Bitcoin Mining Museum is located at Chacao’s Torre Xerox, in Caracas. CriptoAvila, a mining equipment dealer, is both creator and operator. Joan Telo, a representative from the company, told CriptoNoticias

“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. Each equipment, each brand, and model that we will exhibit has a story to tell, either because they have been transcendental in the history of mining or because they represented obstacles. Within this story, there are also scams, equipment that ended up harming many people who tried to mine bitcoin at the time.”

BTCUSD price chart - TradingView

BTC price chart on Bitstamp | Source: BTC/USD on TradingView.com

A Bitcoin Mining Museum That Teaches

The museum will also host a model mine, with which visitors will be able to learn how the whole process works, and, “build safe electrical installations to connect your own ASICs.” Among the exhibited pieces, there’s an ATI 5850 AMD graphic card. About this one, Telo said:

“It was one of the best GPUs, but just when people began to use them, there was a worldwide stock failure like the one we are experiencing now. It happened precisely because of the cards’ capacity for mining. It was the first time that there was a global inventory failure caused by bitcoin mining. Now, our idea is to add equipment to the museum as we get them, because we want to be a world reference on this…

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