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		<title>Venezuela to disconnect cryptocurrency mining farms</title>
		<link>https://bitfinance.news/en/venezuela-to-disconnect-cryptocurrency-mining-farms/</link>
		
		<dc:creator><![CDATA[Marilin Pino]]></dc:creator>
		<pubDate>Mon, 20 May 2024 15:00:49 +0000</pubDate>
				<category><![CDATA[Cryptocurrencies]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[Financial security]]></category>
		<category><![CDATA[control electricity demand]]></category>
		<category><![CDATA[Cryptocurrency mining]]></category>
		<category><![CDATA[electricity crisis]]></category>
		<category><![CDATA[mining farms will be disconnected]]></category>
		<category><![CDATA[Ministry of Electric Energy]]></category>
		<category><![CDATA[Venezuela]]></category>
		<guid isPermaLink="false">https://bitfinance.news/?p=106094</guid>

					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="798" src="https://bitfinance.news/wp-content/uploads/2024/05/traxer-EBKPxro0A9c-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="En un anuncio reciente, el Ministerio para Energía Eléctrica de Venezuela señaló que desconectarán todas las granjas de minería de criptomonedas para controlar demanda eléctrica" decoding="async" fetchpriority="high" srcset="https://bitfinance.news/wp-content/uploads/2024/05/traxer-EBKPxro0A9c-unsplash.jpg 1200w, https://bitfinance.news/wp-content/uploads/2024/05/traxer-EBKPxro0A9c-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2024/05/traxer-EBKPxro0A9c-unsplash-1024x681.jpg 1024w, https://bitfinance.news/wp-content/uploads/2024/05/traxer-EBKPxro0A9c-unsplash-768x511.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p>Given the crisis in the electrical sector, which keeps the country with permanent power cuts, the Ministry of Electrical Energy of Venezuela indicated that all cryptocurrency mining farms, which demand high consumption, will be disconnected. The ministry tries, with this measure, to control demand and solve the power outages that continue especially in the interior [&#8230;]</p>
<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/venezuela-to-disconnect-cryptocurrency-mining-farms/">Venezuela to disconnect cryptocurrency mining farms</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1200" height="798" src="https://bitfinance.news/wp-content/uploads/2024/05/traxer-EBKPxro0A9c-unsplash.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="En un anuncio reciente, el Ministerio para Energía Eléctrica de Venezuela señaló que desconectarán todas las granjas de minería de criptomonedas para controlar demanda eléctrica" decoding="async" srcset="https://bitfinance.news/wp-content/uploads/2024/05/traxer-EBKPxro0A9c-unsplash.jpg 1200w, https://bitfinance.news/wp-content/uploads/2024/05/traxer-EBKPxro0A9c-unsplash-300x200.jpg 300w, https://bitfinance.news/wp-content/uploads/2024/05/traxer-EBKPxro0A9c-unsplash-1024x681.jpg 1024w, https://bitfinance.news/wp-content/uploads/2024/05/traxer-EBKPxro0A9c-unsplash-768x511.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></div><p style="text-align: justify;">Given the <strong>crisis in the electrical sector,</strong> which keeps the country with permanent power cuts, the <strong>Ministry of Electrical Energy of Venezuela indicated that all cryptocurrency mining farms,</strong> which demand high consumption, will be disconnected.</p>
<p style="text-align: justify;">The ministry tries, with this measure, to <strong>control demand and solve the power outages</strong> that continue especially in the interior of the country,<strong> affecting the normal development of the population and the national productive system.</strong></p>
<p style="text-align: justify;">The announcement was made on Friday, May 17, by the <strong>Ministry of Electric Energy (MPPPE), “which began a control plan for high energy consumption users linked to this activity.”</strong></p>
<p style="text-align: justify;">“The purpose is to disconnect all cryptocurrency mining farms in the country from the <strong>SEN,</strong> <strong>avoiding the high impact on demand,</strong> which allows us to continue offering an efficient and<strong> reliable service to all the Venezuelan people,”</strong> the MPPPE reported on Instagram.</p>
<p style="text-align: justify;">This announcement was made after <strong>2,000 cryptocurrency mining machines were seized in Maracay, Aragua state, on Thursday the 16th.</strong></p>
<p style="text-align: justify;">M.Pino</p>
<p><em>Source: <a href="https://www.vozdeamerica.com/a/venezuela-desconectara-todas-las-granjas-de-mineria-de-criptomonedas/7616875.html" target="_blank" rel="noopener">vozdeamerica</a></em></p>
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<p>La entrada <a rel="nofollow" href="https://bitfinance.news/en/venezuela-to-disconnect-cryptocurrency-mining-farms/">Venezuela to disconnect cryptocurrency mining farms</a> apareció primero en <a rel="nofollow" href="https://bitfinance.news">Bitfinance</a>.</p>
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