February 6, 2025
Venezuela Implements Crypto Mining Ban to Safeguard Electricity Supply, Says It’s to Crack Down on Corruption

On Friday the Venezuelan Ministry for Electric Energy (MPPPE) announced it would “disconnect” crypto miners from the national electricity grid. As Voice of America reports, the government decided to remove all mining operations from the network due to concerns over “high impact” on electricity demand. The announcement of the measures followed the confiscation of at […]
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