Venezuela bans crypto mining to deal with energy crisis

Venezuela bans crypto mining to deal with energy crisis

The buzz is that the Venezuelan government is cracking down on power-hungry crypto-mining companies. According to AlbertoNews, the Ministry of Electric Power is ready to pull the plug on these energy-draining operations, which have been sapping the national power grid, SEN. The government’s ultimate goal is to balance energy usage and ensure a stable electricity … Read more