Crypto Crackdown: Venezuela Goes Dark On Mining To Ease Grid Overload

Venezuelans, once seeking solace in the digital gold rush, now face a harsh reality. The country, grappling with hyperinflation and economic instability, has banned all crypto mining farms connected to the national grid. This decision, announced by the Venezuelan National Power Ministry, prioritizes the crumbling power grid over the once-booming crypto industry. Related source: https://bitcoinist.com/venezuela-goes-dark-on-mining-to-ease-grid-overload/