{"id":32567,"date":"2020-11-30T15:20:59","date_gmt":"2020-11-30T13:20:59","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32567"},"modified":"2025-08-28T09:19:53","modified_gmt":"2025-08-28T06:19:53","slug":"venezuelan-army-turns-to-cryptocurrency-mining","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/venezuelan-army-turns-to-cryptocurrency-mining\/","title":{"rendered":"Venezuelan Army Turns to Cryptocurrency Mining"},"content":{"rendered":"<p>In Caracas, a centre for mining digital assets by the Venezuelan armed forces has opened. The facility occupies space within the Fort Tiuna headquarters.<\/p>\n<p>The military described the mining centre as an example of cooperation with the civilian sector. The video shows that part of the equipment consists of Antminer devices from Bitmain.<\/p>\n<blockquote class=\"instagram-media\" style=\"background: #FFF; border: 0; border-radius: 3px; box-shadow: 0 0 1px 0 rgba(0,0,0,0.5),0 1px 10px 0 rgba(0,0,0,0.15); margin: 1px; max-width: 540px; min-width: 326px; padding: 0; width: calc(100% - 2px);\" data-instgrm-captioned=\"\" data-instgrm-permalink=\"https:\/\/www.instagram.com\/p\/CIJZhEZB-mL\/?utm_source=ig_embed&#038;utm_campaign=loading\" data-instgrm-version=\"13\">\n<div style=\"padding: 16px;\">\n<div style=\"display: flex; flex-direction: row; align-items: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 40px; margin-right: 14px; width: 40px;\"><\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 100px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 60px;\"><\/div>\n<\/div>\n<\/div>\n<div style=\"padding: 19% 0;\"><\/div>\n<div style=\"display: block; height: 50px; margin: 0 auto 12px; width: 50px;\"><\/div>\n<div style=\"padding-top: 8px;\">\n<div style=\"color: #3897f0; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: 550; line-height: 18px;\">View this post on Instagram<\/div>\n<\/div>\n<div style=\"padding: 12.5% 0;\"><\/div>\n<div style=\"display: flex; flex-direction: row; margin-bottom: 14px; align-items: center;\">\n<div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(0px) translateY(7px);\"><\/div>\n<div style=\"background-color: #f4f4f4; height: 12.5px; transform: rotate(-45deg) translateX(3px) translateY(1px); width: 12.5px; flex-grow: 0; margin-right: 14px; margin-left: 2px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 50%; height: 12.5px; width: 12.5px; transform: translateX(9px) translateY(-18px);\"><\/div>\n<\/div>\n<div style=\"margin-left: 8px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 50%; flex-grow: 0; height: 20px; width: 20px;\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 2px solid transparent; border-left: 6px solid #f4f4f4; border-bottom: 2px solid transparent; transform: translateX(16px) translateY(-4px) rotate(30deg);\"><\/div>\n<\/div>\n<div style=\"margin-left: auto;\">\n<div style=\"width: 0px; border-top: 8px solid #F4F4F4; border-right: 8px solid transparent; transform: translateY(16px);\"><\/div>\n<div style=\"background-color: #f4f4f4; flex-grow: 0; height: 12px; width: 16px; transform: translateY(-4px);\"><\/div>\n<div style=\"width: 0; height: 0; border-top: 8px solid #F4F4F4; border-left: 8px solid transparent; transform: translateY(-4px) translateX(8px);\"><\/div>\n<\/div>\n<\/div>\n<div style=\"display: flex; flex-direction: column; flex-grow: 1; justify-content: center; margin-bottom: 24px;\">\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; margin-bottom: 6px; width: 224px;\"><\/div>\n<div style=\"background-color: #f4f4f4; border-radius: 4px; flex-grow: 0; height: 14px; width: 144px;\"><\/div>\n<\/div>\n<p style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; line-height: 17px; margin-bottom: 0; margin-top: 8px; overflow: hidden; padding: 8px 0 7px; text-align: center; text-overflow: ellipsis; white-space: nowrap;\"><a style=\"color: #c9c8cd; font-family: Arial,sans-serif; font-size: 14px; font-style: normal; font-weight: normal; line-height: 17px; text-decoration: none;\" href=\"https:\/\/www.instagram.com\/p\/CIJZhEZB-mL\/?utm_source=ig_embed&#038;utm_campaign=loading\" target=\"_blank\" rel=\"noopener noreferrer\">Post by 61 Brigada Codazzi (@ejb_61brig)<\/a><\/p>\n<\/div>\n<\/blockquote>\n<p><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n<p>The volume of computing power is not specified by the brigade officials. In their words, the project is an unfettered source of income.<\/p>\n<div id=\"attachment_118111\" style=\"width: 820px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-118111\" class=\"size-full wp-image-118111\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/22-2.jpg\" alt=\"Venezuelan Army Turns to Cryptocurrency Mining\" width=\"810\" height=\"810\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/22-2.jpg 810w, https:\/\/u1f987.com\/wp-content\/uploads\/22-2-300x300.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/22-2-150x150.jpg 150w, https:\/\/u1f987.com\/wp-content\/uploads\/22-2-768x768.jpg 768w\" sizes=\"auto, (max-width: 810px) 100vw, 810px\" \/><\/p>\n<p id=\"caption-attachment-118111\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/twitter.com\/ConflictsW\/status\/1333044473341890562\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Twitter<\/a> Conflict News Worldwide.<\/p>\n<\/div>\n<p>Earlier, the Venezuelan National Guard detained a truck carrying 315 Bitmain miners. The military confiscated the equipment because the driver did not have a licence from the National Cryptocurrency Regulator (Sunacrip).<\/p>\n<p>In late September, Venezuela <a href=\"https:\/\/u1f987.com\/en\/news\/venezuela-to-unite-miners-in-a-national-pool\">allowed<\/a> miners to operate provided they held a licence from Sunacrip and joined the national pool.<\/p>\n<p>In November, one of the Venezuelan miners <a href=\"https:\/\/u1f987.com\/en\/news\/media-venezuelan-authorities-move-to-shut-down-mining-farms\">reported<\/a> that the state-owned electricity company Corpoelec began forcibly disconnecting equipment in the state of Carabobo.<\/p>\n<p>Subscribe to the ForkLog channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Caracas, a centre for mining digital assets by the Venezuelan armed forces has opened. The facility occupies space within the Fort Tiuna headquarters. The military described the mining centre as an example of cooperation with the civilian sector. The video shows that part of the equipment consists of Antminer devices from Bitmain. View this post on Instagram. Post by 61 Brigada Codazzi (@ejb_61brig). The volume of computing power is not specified by the brigade officials. In their view, the project is an unfettered source of income. In late September, Venezuela allowed miners to operate provided they had a licence from Sunacrip and joined the national pool. In November, one of the Venezuelan miners reported that Corpoelec began forcibly disconnecting equipment in Carabobo state. Subscribe to ForkLog on YouTube!<\/p>\n","protected":false},"author":1,"featured_media":32568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,1240],"class_list":["post-32567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-venezuela-cryptocurrency-market"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=32567"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32567\/revisions"}],"predecessor-version":[{"id":32569,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/32567\/revisions\/32569"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/32568"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=32567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=32567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=32567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}