The Bolivarian National Guard of Venezuela (GNB) firmly opposes the counterfeit products of encrypted mining equipment, as several operations have been assigned in the past few months to deal with this problem. This time, the Venezuelan authorities seized 76 mining machines after allegedly discovering inconsistencies in the transportation documents.
The rig may be an ASIC miner
According to a press release issued by GNB, the procedure was carried out at a checkpoint in Bolívar State, especially in the port of Angostura (Puente Angostura).
Authorities said that a person transported Bitcoin (BTC) mining equipment in a Ford Triton vehicle and he was stopped by the military through routine inspection procedures.
However, the Bolivarian National Guard found some “document inconsistencies” required to legally transport encrypted mining equipment.
The soldiers then continued to seize 76 pieces of Bitcoin mining equipment because they suspected that the documents did not meet the requirements for the circulation, ownership and operation of Bitcoin mining equipment.
Although GNB did not specify which type of mining hardware models to seize, since this photo was published in the press release, it can be speculated that they are all ASIC mining machines in the rack.
In addition, the picture appears to show a larger rig than reported in the GNB announcement, as each rack can accommodate up to 6 miners.
Crypto mining in Venezuela is legal
According to a decree issued by the National Agency for Encrypted Assets and Related Activities (Sunacrip), Venezuela legalized Bitcoin mining last year.
As part of the new regulations, all entities and individuals interested in legally mining Bitcoin and other cryptocurrencies must now apply for a license from the agency.
The decree led to the establishment of the National Digital Mining Pool (NDMP), which “strives to bring together all miners in Venezuela.”
However, restrictions still apply to certain cryptocurrency mining activities. The Venezuelan government prohibits mining activities in any low-income communities with housing subsidies.
What do you think of Venezuela’s GNB campaign against miners’ transportation? Let us know in the comments section below.
Picture Credits: Shutterstock, Pixabay, Wiki Commons
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