Venezuela’s Ministry of Electric Power will disconnect all cryptocurrency mining farms

2 mins read

The Ministry of Electric Power of Venezuela will disconnect all bitcoin mining rigs from the grid. This approach reduces agricultural energy usage and ensures dependable power for people. Local news outlet AlbertoNews published the development on May 18. “The purpose is to disconnect all cryptocurrency mining farms in the country from the SEN [National Electrical System], avoiding the high demand impact, which allows us to continue offering an efficient and