Venezuela is calling for its citizens to build cryptocurrency mining farms throughout the country. The government has set up a crypto mining program which president Nicolas Maduro hopes will attract at least 1 million people such as university students, the unemployed, single mothers and the homeless.

Maduro Seeks Crypto Miners

The president of Venezuela, Nicolas Maduro, has launched a program to encourage citizens to set up mining farms throughout the country. Speaking in Caracas, he said young people should be "infected with courage" and set up "cryptocurrency farms throughout Venezuela," Telesur reported this week.

Maduro speaking at Chamba Juvenil.

This program is called "Plan Chamba Juvenil Digital (Youth Digital Work Plan)," the news outlet added, noting that registration for the program opens on April 15 and the government hopes that "the program will attract at least one million students." Maduro tweeted:

Attention, young people!…Today Chamba Juvenil Digital emerges to allow youths to form cryptocurrency farms that can mine world currencies. Because Venezuela does not give up!

The head of state elaborated, "The program was designed to help incorporate young people – including university students, the unemployed, single mothers and the homeless – into working life. It is also expected to provide employment opportunities to recent graduates."