Attention crypto-miners! The government of Venezuela has announced plans to disconnect cryptocurrency mining farms from the national grid, with the aim of regulating excessive energy consumption and ensuring a stable energy supply for the population. 🚫
This move follows a recent crackdown that involved the confiscation of 2,000 cryptocurrency mining devices in Maracay, Aragua state, as part of an anti-corruption initiative.
The Ministry emphasized the need to offer efficient and reliable electrical service throughout Venezuela, eliminating the stress caused by these high energy consumption farms.
The country has experienced recurring blackouts, particularly since 2019, significantly affecting residents' daily lives and overall economic performance.
The government is asking for the public's collaboration to detect illegal mining operations. What do you think of this measure? Do you think it is fair or necessary? Comment below!