Venezuela cracks down on crypto mining to tackle energy crisis

CAT May 19, 2024 1 min read

Rony Roy

Venezuela’s Ministry of Electric Power plans to cut off crypto-mining companies drawing power from the national power grid SEN (Sistema Electrico Nacional).

Go here to Read this Fast! Venezuela cracks down on crypto mining to tackle energy crisis

Originally appeared here:
Venezuela cracks down on crypto mining to tackle energy crisis

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Related Stories

Tether launches tokenization platform called Hadron for institutions, governments

Divergence between Bitcoin’s market and realized caps signals euphoria

Can NEIRO break past $0.0031? Insights into its bullish phase

You may have missed

Founderful raises $140M fund as Switzerland vies for Europe’s tech top spot

US firm Realwear acquires Swiss startup Almer amid XR market consolidation

DeepL takes on ‘next frontier’ in AI translation with DeepL Voice

M4 MacBook Pro use quantum dot film for more vibrant color & motion performance