This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative.
Venezuela bans crypto mining to protect power grid
![Venezuela bans crypto mining to protect power grid Venezuela bans crypto mining to protect power grid](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDUvNzFhYzJiYTctOWE3Yi00MzA2LTg2ODctNmI2OWQyOTZlNGU0LmpwZw==.jpg)
This move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative.