Venezuela has officially banned bitcoin and other cryptocurrency mining to protect its strained power grid. The Ministry of Electric Power announced the disconnection of mining farms from the national power network to curb excessive energy use and ensure stable electricity supply. The national cryptocurrency association confirmed on X (formerly Twitter) that all mining activities are […]
Related Posts
China’s government signals support for tech sector and end to repression
Chinese Prime Minister Li Qiang recently met with executives from prominent Chinese technology companies, emphasizing the sector’s importance in job creation and promoting innovation. This move indicates China’s government’s intention to support the technology industry. Executives from companies like Meituan and Alibaba attended the meeting, where Li highlighted the sector’s significance for the Chinese labor […]
Mozambique’s Leader Calls for Vietnamese Investment
Mozambique’s President Filipe Jacinto Nyus met Vietnam’s Vice President in Maputo. The meeting was part of her four-day work visit. The aim was to strengthen ties between the two nations. The President invited Vietnamese investors to consider Mozambique. He highlighted areas like farming, mining, and fishing as good opportunities. The goal is to boost current […]