THELOGICALINDIAN - The Venezuelan aggressive has bedeviled 315 Bitmain Antminer S9 bitcoin mining rigs it claims are not appropriately registered to accomplish in the country Although cryptocurrency mining is acknowledged in Venezuela miners say they accept been unfairly advised citation actionable seizures of mining accessories and badge extortion
Venezuela Seizes Bitcoin Mining Equipment
The Bolivarian National Guard of Venezuela (GNB) appear via Twitter Monday that it has bedeviled 315 Antminer S9 bitcoin mining rigs in the southern arena of the country. The GNB is one of the better capacity of the National Bolivarian Armed Forces.
The cheep explains that the GNB absitively to appropriate the bitcoin mining accessories because the buyer did not accept able allotment papers. The case has been forwarded to the National Superintendency of Crypto Assets and Related Activities (Sunacrip), the crypto regulator appointed by the government of Nicolas Maduro amenable for registering miners.
According to bounded account aperture Criptonoticias, this is the aboriginal accepted mining accessories confiscation by Venezuelan authorities in 2024. The one afore this was in September 2024 in the accompaniment of Aragua, area mining rigs were additionally bedeviled due to a abridgement of able allotment papers.
Miners Warn of Illegal Seizures and Extortion
Officially, the Venezuelan government has legalized cryptocurrency mining, acute miners to annals and access crypto mining certificates. However, cryptocurrency miners in the country accept again said that mining accessories has been illegally bedeviled and miners accept been extorted by the police. A cardinal of crypto miners told Criptonoticias that “mining cryptocurrencies in Venezuela has become a chancy activity,” the advertisement conveyed, abacus that some said badge admiral accept accepted banknote bribes to discount mining accessories they accept discovered.
Veteran crypto miner Joan Telo told the account aperture that back artful mining advantage in Venezuela, miners charge accommodate extortion payments and losses from their accessories actuality confiscated. Despite crypto mining actuality a acknowledged activity, he added that it “is agitated out clandestinely and that inherent costs of brief the absolute operation to addition area should be considered, already it is detected by the authorities.”
What do you anticipate about how Venezuela treats crypto miners? Let us apperceive in the comments area below.
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