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Venezuelan Authorities Seize Over 6,000 Bitcoin Miners in 2 New Operations; Over 17,000 Confiscated In Total Bitcoin.com 26 May 2024

Venezuelan Authorities Seize Over 6,000 Bitcoin Miners in 2 New Operations; Over 17,000 Confiscated In Total

Venezuelan authorities have confiscated over 6,000 Bitcoin miners, contributing to a total of over 17,000 miners seized. This action was led by the National Power Ministry and Corpoelec, due to the high energy consumption of Bitcoin mining.