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🚨Venezuela has imposed a ban on cryptocurrency mining due to its high energy consumption. The move aims to control energy usage and ensure a consistent power supply for locals amid an ongoing power crisis. The ban follows a recent seizure of 2,000 crypto mining devices as part of an anti-corruption drive. Countries like China and Kazakhstan have also imposed restrictions on crypto mining due to its heavy electricity demands. What are your thoughts on this? 💡🔌 #CryptoNews #VenezuelaBan

🚨Venezuela has imposed a ban on cryptocurrency mining due to its high energy consumption. The move aims to control energy usage and ensure a consistent power supply for locals amid an ongoing power crisis. The ban follows a recent seizure of 2,000 crypto mining devices as part of an anti-corruption drive. Countries like China and Kazakhstan have also imposed restrictions on crypto mining due to its heavy electricity demands. What are your thoughts on this? 💡🔌 #CryptoNews #VenezuelaBan

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