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Venezuela Confiscates 11,000 Bitcoin Miners & Bans Mining to Stabilize Power Grid

https://blockonomi.com/venezuela-confiscates-11000-bitcoin-miners-bans-mining-to-stabilize-power-grid/
Venezuela has joined the growing list of countries taking action against cryptocurrency mining due to its energy consumption. The Venezuelan government, through its Ministry of Electric Power, has announced plans to disconnect cryptocurrency mining farms from the national power grid in an effort to regulate excessive energy usage and ensure a stable electricity supply for […]
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