Venezuelan Guards Seize 76 Bitcoin Mining Rigs Due to ‘Inconsistencies’ in Transport Documents

Venezuelan Guards Seize 76 Bitcoin Mining Rigs Due to ‘Inconsistencies’ in Transport Documents
фото показано с : news.bitcoin.com

2021-4-13 08:15

The Bolivarian National Guard of Venezuela (GNB) is known for having a tough stance against crypto mining rig counterfeits, as several operations have been assigned to combat the issues over the last few months. This time, the Venezuelan authorities seized 76 mining rigs after allegedly detecting inconsistencies in the transport documentation.

Rigs Are Presumably ASIC Miners

According to a press note published by the GNB, the procedure took place in a checkpoint on the Bolivar state, specifically in the Puente Angostura.

An individual transported the bitcoin (BTC) mining equipment on a Ford vehicle Triton, and he was stopped by the military units in a routine check procedure, stated the authorities.

However, the Bolivarian National Guard detected some “inconsistences in the documentation” required to transport the crypto mining rigs legally.

Members of the military then proceeded to seize the 76 pieces of bitcoin mining equipment, as they suspected the documentation didn’t comply with the requirements for circulation, ownership, and operation of the bitcoin mining rigs.

Although the GNB didn’t specify which type of mining hardware models were seized, it’s presumed that all are ASIC miners within racks because of the photo published in the press note.

Moreover, the picture seems to show a bigger rig than the one reported in the GNB’s announcement, as each rack counted has availability to host up to six miners.

if (!window.GrowJs) { (function () { var s = document.createElement('script'); s.async = true; s.type = 'text/javascript'; s.src = 'https://bitcoinads.growadvertising.com/adserve/app'; var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n); }()); } var GrowJs = GrowJs || {}; GrowJs.ads = GrowJs.ads || []; GrowJs.ads.push({ node: document.currentScript.parentElement, handler: function (node) { var banner = GrowJs.createBanner(node, 31, [300, 250], null, []); GrowJs.showBanner(banner.index); } });

Crypto Mining Is Legal in Venezuela

Venezuela legalized bitcoin mining last year following the decree issued by the National Superintendency of Crypto Assets and Related Activities (Sunacrip).

As part of the new regulations, all entities and individuals interested in legally mining bitcoin and other cryptocurrencies must now apply for a license from the agency.

The decree resulted in creating a National Digital Mining Pool (NDMP), a body that “seeks to bring together all the miners operating on the Venezuelan territory.”

However, restrictions still apply for some crypto mining activities. The Venezuelan government banned mining operations in any low-income neighborhood with subsidized housing.

What do you think about Venezuela’s GNB operation against the miner’s shipment? Let us know in the comments section below.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Speed Mining Service (SMS) на Currencies.ru

$ 1.9622 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $1.9622 - H: $1.9622
Капитализация $205.406k Rank 99999
Доступно / Всего 104.68k SMS

mining several tough stance counterfeits crypto operations

mining several → Результатов: 126


Фото:

Bitcoin’s Implied Volatility Craters as Traders Eye Technical Weakness

Bitcoin’s implied volatility has been caught within a consistent downtrend throughout the past several weeks This comes as global instability mounts and as BTC’s mining rewards halving fast approaches Following the massive volatility seen in mid-March when the cryptocurrency declined from roughly $8,000 to lows of $3,800 in an unprecedented movement, Bitcoin’s implied volatility has been consistently declining.

2020-4-21 02:00


HTC’s EXODUS 1S Launches Monero (XMR) Mining Directly on Blockchain Smart Phone

HTC, the Taiwan based smartphone manufacturer is all set to dive deeper into the decentralized space with its Monero mining smartphones. The smartphone brand made several headlines in the past year with its blockchain-focused Exodus range of smartphones which not only had inbuilt crypto wallets, but many devices also had the capability to run a […]

2020-4-11 17:44


Mining company suing Bitmain, Kraken, Roger Ver over the Bitcoin hash wars sees case dismissed

After a year of appeals, a U. S. Court has dismissed a lawsuit against several Bitcoin Cash proponents, including Bitmain, Kraken, Bitcoin. com, and their respective owners and founders. The lawsuit, filed by Florida-based mining company UnitedCorp, alleged that the defendants colluded during the Bitcoin hash wars, which crashed BCH prices and decimated the company’s mining rewards.

2020-2-6 06:30


Mining company suing Bitmain, Kraken, Roger Ver for the Bitcoin hash wars sees case dismissed

After a year of appeals, a U. S. Court has dismissed a lawsuit against several Bitcoin Cash proponents, including Bitmain, Kraken, Bitcoin. com, and their respective owners and founders. The lawsuit, filed by Florida-based mining company UnitedCorp, alleged that the defendants colluded during the Bitcoin hash wars, which crashed BCH prices and decimated the company’s mining rewards.

2020-2-6 06:30


Фото:

Cryptocurrency Market-Lending Promotion Launched by StormGain

Commonly regarded as a high-risk, high-reward investment option, cryptocurrencies are known for generating fantastic returns for some investors. However, since mining profitability for most cryptocurrencies has been on the decline for several months, some investors are beginning to look for less-risky investment options in the space.

2019-11-1 20:18


Bitfury Begins Selling BTC Mining Equipment to Small and Medium-sized Enterprises

Bitfury, an important Bitcoin mining manufacturer, has recently opened an online store to sell its products to both small and medium enterprises (SMEs). At the moment, the equipment available on the store includes several of the newest models, including Clarke ASIC chips, BlockBox AC mining machines, and the new B9 Tardis Mining Rig. These mining […]

2019-9-18 19:59


Heavy Rains In China Force Bitcoin Miners To Stop Their Operations

Heavy rainfall in China’s Sichuan province has triggered land and mudslides leading to various local hydropower stations and Bitcoin mining farms to suspend their operations. Sichuan’s mountainous areas of Aba prefecture has been receiving heavy rains since Monday and local government now says landslides have now affected 17 counties in the area. There are several […]

2019-8-21 20:14


Economist calls out JP Morgan analyst for incorrectly equating Bitcoin’s intrinsic value to its mining cost

Bitcoin’s recent spike above $9000 has been the talk of the town, with several analysts and proponents of the cryptocurrency vouching for its revival. In a series of tweets, Alex Kruger, a popular economist, spoke about the entry of institutions into the Bitcoin ecosystem and how the switch from retail investors was beneficial to the […] The post Economist calls out JP Morgan analyst for incorrectly equating Bitcoin’s intrinsic value to its mining cost appeared first on AMBCrypto.

2019-6-17 11:30


Bitcoin’s [BTC] ‘unaffordability’ argument is weak after report suggests mining gold is more expensive

Gold is considered one of the most valuable elements on planet Earth. However, an argument about Bitcoin being the most valuable digital asset presently available can also be made. The digital asset has often been compared to the value of Gold, with the debate scaling new heights after Bitcoin outperformed Gold and several traditional assets […] The post Bitcoin’s [BTC] ‘unaffordability’ argument is weak after report suggests mining gold is more expensive appeared first on AMBCrypto.

2019-6-6 14:30


Ethereum Classic (ETC) Announces Astor Network Testnet Mining is Ready in Response to 51% Attack

Ethereum Classic network faced a double 51% attack on its platform in the month of January which led to a loss of $1 million. The attackers were able to accumulate 51% of the hash power required to manipulate the network and continued the attack for several days. The attackers used their control on the ETC […]

2019-5-29 18:22


Top 6 Cryptocurrencies Worth GPU Mining in 2019

A lot of people are still interested in mining the different cryptocurrencies on the market today. When it comes to GPU mining, things are a bit different compared to what one might expect. There are still several currencies to GPU mine in 2019, although it will require some effort on behalf of the user to […] The post Top 6 Cryptocurrencies Worth GPU Mining in 2019 appeared first on NullTX.

2019-5-28 21:00