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Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis

by SB Crypto Guru News
May 19, 2024
in Mining
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Venezuelan Authorities Announce Bitcoin Mining Farm Ban, Confiscate Over 11,000 Miners to Face the Nation's Energy CrisisThe Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have seized over 11,000 bitcoin miners as the government seeks to reduce the power usage from high-power customers siphoning energy from the national electric system. Venezuelan Authorities Seize and Disconnect Over 11,000 Bitcoin Miners Amidst Energy […]



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Tags: AnnounceauthoritiesbanBitcoinBitcoin NewsconfiscatecrisisCrypto NewsCrypto UpdatesenergyFaceLatest News on CryptominersminingnationsSB Crypto Guru NewsVenezuelan
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