Venezuela banned home mining

The Minister of the Environment and Housing Construction Venezuela announced the prohibition of mining in any public housing and special areas for low-income families.

According to Ildemaro Villarroel, the equipment used for cryptocurrency mining consumes a lot of electricity, therefore it may violate the distribution of energy resources in separate areas. As a result of home mining, the demand for electricity is also increasing, which is against the current government policies in the field of energy supply.

Local residents negatively responded to the ban and began to actively criticize this decision on social networks, pointing to the negligent attitude of the authorities to the modernization of the current infrastructure.

Despite the ban of homemade mining, Central Bank of Venezuela

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