Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners

Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners
фото показано с : news.bitcoin.com

2020-11-12 14:16

Reports say the Venezuelan state electricity company Corpoelec is disconnecting bitcoin mining farms in Carabobo state on orders from authorities. The power disconnections come amid reports that government and Corpoelec officials are planning to meet mining farm operators.

According to one report that quotes an anonymous source, the objective of this meeting is to discuss the process of connecting miners to the National Electric System (SEN) as well as “the rate to be paid.”

Furthermore, the report quotes the anonymous source saying Corpoelec officials “were shutting down and disconnecting the mines in Carabobo.” The source suggests that all miners in Carabobo had been disconnected.

However, it is not clear if Corpoelec officials are only targeting bitcoin mining operators that do not have authorisation from the government. In September, Venezuela announced the creation of a national cryptocurrency mining pool and decreed that all crypto mining farms be registered.

According to the decree which took effect after September 21, all miners operating outside the pool would be subjected “to the measures, infractions, and sanctions as set forth in the decree document.”

Can Venezuela succeed in forcing miners to join national mining pool? Share your views in the comments section.

The post Venezuelan State Electricity Company Reportedly Cuts Power To Crypto Miners appeared first on Bitcoin News.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin & Company Network (BITN) на Currencies.ru

$ 3.4E-5 (-0.68%)
Объем 24H $0
Изменеия 24h: 7.68 %, 7d: 5.02 %
Cегодня L: $3.4E-5 - H: $3.4E-5
Капитализация $0 Rank 3624
Цена в час новости $ 2.76E-5 (23.19%)

state venezuelan mining reports corpoelec electricity company

state venezuelan → Результатов: 13


Venezuela Bans Crypto Mining At Government Provided Housing Due to Energy Demands

The Venezuelan government outlaws mining of Bitcoins (BTC) in any state-owned public housing projects due to ‘high electricity consumption’ and ‘disruption of the national grid supply. ’ However, a group of critics on the moving state the problems facing electricity in the country are inherent to the government’s negligence.

2020-7-20 17:00


Venezuela to Use Petro Cryptocurrency in International Oil Trade

The government of Venezuela recently announced the intended sale of its oil using the Petro cryptocurrency to circumvent U. S economic sanctions come 2019. Circumventing U. S. Sanctions According to Venezuela-based satellite tv, TeleSUR, Venezuelan President, Nicolas Maduro announced that country would create a basket of cryptocurrency for oil-backed state cryptocurrency, Petro.

2018-12-8 12:14


Фото:

The Daily: Cryptocurrencies on the Davos Agenda, FINMA Issues Rules for Cryptoassets

In this edition of The Daily, we look at the decision to add cryptocurrencies as a topic of discussion at the next World Economic Forum in Davos. We also focus on the latest recommendations on digital assets by Switzerland’s financial regulator, as well as a Venezuelan state’s plans to use the petro in cross-border trade with […] The post The Daily: Cryptocurrencies on the Davos Agenda, FINMA Issues Rules for Cryptoassets appeared first on Bitcoin News.

2018-11-6 17:00


Фото:

Venezuela Officially Launches State-Backed Petro, Passport Fees Now via Crypto-Only

Venezuelan President Nicolas Maduro officially launched the Petro, a state, and oil-backed cryptocurrency. According to the RT article published on October 8, 2018, while the goal of the state-backed cryptocurrency is to consolidate Venezuela’s economic stability, experts and analysts, however, remain skeptical and question whether oils and minerals back the token.

2018-10-8 17:00