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 of the country, affecting the normal development of the population and the national productive system.

The announcement was made on Friday, May 17, by the Ministry of Electric Energy (MPPPE), “which began a control plan for high energy consumption users linked to this activity.”

“The purpose is to disconnect all cryptocurrency mining farms in the country from the SEN, avoiding the high impact on demand, which allows us to continue offering an efficient and reliable service to all the Venezuelan people,” the MPPPE reported on Instagram.

This announcement was made after 2,000 cryptocurrency mining machines were seized in Maracay, Aragua state, on Thursday the 16th.

M.Pino

Source: vozdeamerica

(Reference image source: Traxer in Unsplash)

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La entrada Venezuela to disconnect cryptocurrency mining farms apareció primero en Bitfinance.

The Ministry of Petroleum and Petroleum of Venezuela (PDVSA), together with the Ministry of Electric Energy, are making a great effort to privatize the wind turbines that were installed, more than 10 years ago, as part of a wind energy park in order to incorporate approximately 140 megawatts into the area’s electricity generation.

The authorities of the Venezuelan government have been making efforts so that the energy park is assumed by private capital companies, especially they hope that companies with international capital acquire it.

The privatization plan is part of the set of measures that the government of the Caribbean country has been carrying out to rescue and optimize the national electricity system. Additionally, the oil company is demanding an “alternate generation system in the Paraguaná peninsula, which complements the generation provided by the Josefa Camejo thermal plant to the Amuay and Cardón refineries.”

In recent months, the Venezuelan economy has shown a slight recovery, “supported by the incipient rise in production and the recovery of commercial activity in certain areas of the main cities of the country”. However, the failures that the electricity sector is presenting is an obstacle that needs to be knocked down.

M. Rodríguez

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Source: petroguia.com

La entrada PDVSA works to privatize Paraguaná wind farm apareció primero en Bitfinance.