Venezuela seized 315 Bitcoin mining rigs: Miners discussed illegal confiscation, blackmailing police
The Venezuelan military has confiscated the 315 Bitmain Antminer S9 bitcoin mining rigs that they claimed were not properly registered to operate in the country. Although cryptocurrency mining is legal in Venezuela, mining companies say they have been treated unfairly, on the grounds of illegal arrest of police mining and mining equipment. Venezuela captures Bitcoin mining equipment The Venezuelan National Guard (GNB) announced on Twitter Monday that it has seized 315 Antminer S9 bitcoin mining rigs in the southern region of the country. The GNB is one of the largest divisions of the National Bolivar Armed Forces.