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LIVEAlex Guimarães - Crypto Use
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Venezuela orders all Bitcoin mining companies in the country to be shut down
The measure to shut down cryptocurrency miners aims to alleviate pressure on the electrical system and improve energy distribution to the population.
The President of Venezuela, Nicolás Maduro, and his wife, Cilia Flores, arrive at the Planalto Palace. Photo: Marcelo Camargo/Agência Brasil.
Venezuela's Ministry of Popular Power for Electric Energy (MPPEE) announced a measure to control energy demand in the country: the shutdown of all cryptocurrency miners from the National Electric System (SEN). The decision was communicated last Friday (17) through the ministry's official Instagram account.
The President of Venezuela, Nicolás Maduro, and his wife, Cilia Flores, arrive at the Planalto Palace. Photo: Marcelo Camargo/Agência Brasil.
Venezuela's Ministry of Popular Power for Electric Energy (MPPEE) announced a measure to control energy demand in the country: the shutdown of all cryptocurrency miners from the National Electric System (SEN). The decision was communicated last Friday (17) through the ministry's official Instagram account.
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