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Venezuelan authorities seize and disconnect over 11,000 Bitcoin mining machines

CointimeCointime2024/05/19 22:40
By:Cointime

The Venezuelan National Electric Power Department announced a special operation to disconnect all Bitcoin mining farms from the power grid. Due to the government's efforts to reduce the electricity consumption of high-power customers drawing energy from the national power system, authorities have seized over 11,000 Bitcoin mining machines.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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