CryptoMediaClub
Sunday, June 8, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Venezuelan Army Seizes 35 Bitcoin Mining Rigs in ‘Illegal Farm’ Raid

10.09.2024
A A
0
121
VIEWS
ShareShare

Venezuela’s Bitcoin mining crackdown appears to be continuing unabated, with the nation’s army seizing 35 rigs in a raid on a farm in Guárico.

Despite President Nicolás Maduro’s recent comments about “returning” his country “to the crypto path,” police and army officials are continuing to hunt for illegal crypto miners.

Bitcoin Mining Rigs Taken Offline

In a tweet from the Strategic Command Operations of the Bolivarian National Armed Forces (CEOFANB), officers said they seized 35 “devices for mining digital assets.” Soldiers also seized 30 “extractors” and several powerful electric fans.

The relevant military unit’s operational strategic commander, Domingo Hernández Lárez, said the miners “did not have permits or licenses” to carry out BTC mining “operations.”

🔁 RT || GJ. @dhernandezlarez: Efectivos de la #FANB junto a funcionarios del Ministro Público, cumplieron orden de allanamiento en una vivienda ubicada en la calle San José, sector el Mirador, municipio Juan Germán Roscio Nieves, estado Guárico según oficio Nro. 9562024, de… pic.twitter.com/zNd3UTwt9A

— CEOFANB (@CEOFANBVE) September 8, 2024

The Venezuelan military has been dispatched to “disconnect” Bitcoin mining farms. The government says many miners use illegal National Electric System (SEN) connections.

Maduro’s government has claimed that illegal Bitcoin and altcoin miners are to blame for “recurring power outages” over the past few years.

The CEOFANBVE said it conducted its search in conjunction with Public Ministry officials. It said the miners had set up shop in a private house in the El Mirador District of the Juan Germán Roscio Nieves municipality.

Officers also said they had seized a Chevrolet and a Jeep. They published pictures of armed soldiers near the haul.

“Venezuela is a democratic state [with] a legal framework that regulates [crypto] mining activities. It has a registration system for [crypto] miners, crypto exchanges, and crypto-related services.”

Strategic Command Operations of the Bolivarian National Armed Forces

We Must Fight Threat to Power Grids – Gov’t

The Ministry of Electrical Energy has claimed that cutting illegal miners off from the grid will help lower pressure on networks.

The ministry said the crackdown would allow it to “continue offering efficient and reliable service to all Venezuelan citizens.”

Maduro recently claimed that a group of “bandits and thieves” had thwarted previous crypto adoption efforts in the country.

Venezuelan opposition presidential candidate Edmundo Gonzalez fled to Spain as he seeks asylum from Nicolas Maduro's government during a crisis over July's disputed election https://t.co/wc7Sq7M6WA pic.twitter.com/hbyE9Rg0aC

— Reuters (@Reuters) September 8, 2024

He told a group of Venezuelan business leaders that the country needed to “get back down” the crypto path.

At the height of the Venezuelan crypto push, the government ordered the army’s engineering core to mine BTC.

However, it seems soldiers have since been redeployed to fight illegal BTC miners. They began launching raids around the country last year.

The post Venezuelan Army Seizes 35 Bitcoin Mining Rigs in ‘Illegal Farm’ Raid appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

Bitcoin Family Hides Crypto Seed Phrases Across Four Continents After Kidnapping Threats
All news

Bitcoin Family Hides Crypto Seed Phrases Across Four Continents After Kidnapping Threats

08.06.2025
0

Key Takeaways: The Bitcoin Family now hides their crypto seed phrases across four continents amid growing kidnapping threats. Recent violent...

Read moreDetails
Bitcoin Price Prediction: Golden Cross Pattern Targets $150,000 Rally

Bitcoin Price Prediction: Golden Cross Pattern Targets $150,000 Rally

08.06.2025
Coinbase, BiT Global Settle Legal Fight Over wBTC Delisting

Coinbase, BiT Global Settle Legal Fight Over wBTC Delisting

08.06.2025
Deutsche Bank Explores Stablecoins, Tokenized Deposits in Digital Assets Push

Deutsche Bank Explores Stablecoins, Tokenized Deposits in Digital Assets Push

08.06.2025
Musk vs Trump: Why Did Bitcoin Fall… And Will It Fall Further?

Musk vs Trump: Why Did Bitcoin Fall… And Will It Fall Further?

08.06.2025
Load More
Next Post
Record $4.68 billion fines mark SEC’s toughest year on crypto

Record $4.68 billion fines mark SEC’s toughest year on crypto

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Bitcoin CME Futures Briefly Surpass $100K on November 22

Bitcoin CME Futures Briefly Surpass $100K on November 22

7 months ago
Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin

Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin

2 years ago
Did SBF really use FTX traders’ Bitcoin to keep BTC price under $20K?

Did SBF really use FTX traders’ Bitcoin to keep BTC price under $20K?

2 years ago
Amid slow accumulation, Hedera gears up to unlock 1.5 billion tokens.

Amid slow accumulation, Hedera gears up to unlock 1.5 billion tokens.

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Deutsche Bank Explores Stablecoins, Tokenized Deposits in Digital Assets Push

Musk vs Trump: Why Did Bitcoin Fall… And Will It Fall Further?

Labubu Meme Coin Shows Brands Merging With Blockchain, But Will The Token Catch On?

Apple, X, Airbnb Plot Stablecoin Payment – Could Big Tech Ditch Card Fees for Onchain Settlements?

Switzerland to Swap Crypto Holder Data with 74 Countries Under the OECD’s CARF

China’s DeepSeek AI Predicts the Price of XRP, Dogecoin and Pepe by the End of 2025

Trending

Bitcoin Family Hides Crypto Seed Phrases Across Four Continents After Kidnapping Threats
All news

Bitcoin Family Hides Crypto Seed Phrases Across Four Continents After Kidnapping Threats

08.06.2025
0

Key Takeaways: The Bitcoin Family now hides their crypto seed phrases across four continents amid growing kidnapping...

Bitcoin Price Prediction: Golden Cross Pattern Targets $150,000 Rally

Bitcoin Price Prediction: Golden Cross Pattern Targets $150,000 Rally

08.06.2025
Coinbase, BiT Global Settle Legal Fight Over wBTC Delisting

Coinbase, BiT Global Settle Legal Fight Over wBTC Delisting

08.06.2025
Deutsche Bank Explores Stablecoins, Tokenized Deposits in Digital Assets Push

Deutsche Bank Explores Stablecoins, Tokenized Deposits in Digital Assets Push

08.06.2025
Musk vs Trump: Why Did Bitcoin Fall… And Will It Fall Further?

Musk vs Trump: Why Did Bitcoin Fall… And Will It Fall Further?

08.06.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz