---
title: "Venezuela bans crypto mining to protect power grid"
url: https://diffcoin.com/venezuela-bans-crypto-mining-to-protect-power-grid/
description: "This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative. Source link"
published: 2024-05-19
updated: 2024-05-19
author: "Mila"
site: "Diffcoin"
---

# Venezuela bans crypto mining to protect power grid

This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative.

[Source link](https://cointelegraph.com/news/venezuela-bans-crypto-mining-to-protect-power-grid)