Venezuelan Authorities Seize Over 17,000 Bitcoin Mining Machines

According to Foresight News, Venezuelan authorities, including local police, intelligence officers, state-owned power company Corpoelec, and the National Electricity Department, have conducted two new operations in two states of the country. In these operations, they have seized over 6,000 Bitcoin mining machines, bringing the total number of confiscated machines to over 17,000. Previously, the National Electricity Department of Venezuela had disclosed an operation aimed at monitoring the activities of high-power users connected to the national power grid, including Bitcoin miners. So far, they have seized over 11,000 Bitcoin mining machines in the state of Carabobo and plan to disconnect all Bitcoin mining farms.