2020-12-1 22:55 |
The Venezuelan army turns to crypto mining as the country's economy collapses.
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The Venezuelan Army has inaugurated a cryptocurrency mining center with bitcoin mining equipment aimed at generating “unblockable income,” as the country attempts to bypass U. S. sanctions.
2020-12-1 22:30 | |
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Corpoelec, the Venezuelan state power company, has cut power to bitcoin mining equipment, according to a local miner. As a result, mining farms scheduled a meeting to negotiate with the government.
2020-11-14 16:19 | |
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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.
2020-11-12 14:16 | |
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But there is always a catch when it comes to Maduro’s government.
2020-9-24 23:15 | |
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The Venezuelan agency responsible for regulating cryptos has legalized the mining industry, but in the process mandated it be centralized under government control.
2020-9-24 16:30 | |
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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 | |
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According to the Venezuelan Minister of Habitat and Housing, the government has banned mining operations in any low-income neighborhoods with subsidized housing. Ildemaro Villarroel told the public the restrictions are due to “high power consumption” in those areas.
2020-7-19 19:30 | |
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Crypto mining can harm the country’s electricity distribution, says a Venezuelan minister.
2020-7-19 23:03 | |
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The Venezuelan military has seized 315 Bitmain Antminer S9 bitcoin mining rigs it claims are not properly registered to operate in the country. Although cryptocurrency mining is legal in Venezuela, miners say they have been unfairly treated, citing illegal seizures of mining equipment and police extortion.
2020-7-11 00:30 | |
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First Bitcoin Capital Corp. wants to unite the providers of bitcoin ATMs around the world.
2020-1-15 09:12 | |
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Venezuela is among those nations where cryptocurrencies enjoy faster adoption. The South American country suffers from a political and economic crisis causing hyperinflation of the national fiat, the bolivar.
2019-6-3 23:10 | |
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