Venezuela Bans Crypto Mining From Public Housing
Cointelegraph
Published Jul 17, 2020 04:03PM ET
Updated Jul 17, 2020 05:40PM ET
Venezuelan Minister of Habitat and Housing Ildemaro Villarroel announced today that crypto mining operations won’t be allowed in any state-owned housing or neighborhoods that are part of the “Gran Misión Vivienda” project (Great Home Mission).
During an official speech on July 15, Villaroel stated that any kind of equipment related to crypto mining is banned in public housing due to “high power consumption” and for widely “violating” the government’s electrical supply policy.
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Written By: Cointelegraph
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