Disconnected Venezuelan Bitcoin Miners Might Resume Operations in 48 Hours
A group of Venezuelan Bitcoin miners that were disconnected from the power grid by regional authorities in the state of Carabobo might resume operations in the next 48 hours, according to the national cryptocurrency watchdog, Sunacrip. The institution met with affected miners on Wednesday and assured them it will make the necessary adjustments with regional authorities to allow them to operate and avoid further interruptions to the service. Venezuelan Miners in Carabobo Meet With Sunacrip A group of miners disconnected from the national power grid in the Carabobo state in Venezuela met....
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Venezuelan authorities have reconnected affected bitcoin miners to the power grid in Carabobo state, after having been disconnected for undisclosed causes. Sunacrip, the cryptocurrency watchdog in the country, mediated between the regional power utility authorities and the affected miners, and managed to exert pressure to reconnect these miners, who were disconnected last week. Venezuelan Bitcoin Miners Reconnected to Power Grid Venezuelan authorities executed a reconnection operation yesterday for a group of affected bitcoin miners. The miners were reconnected to the national power grid....
Bitstamp, one of the largest exchanges for the digital Bitcoin currency, said it would resume trading later on Friday after suspending operations because of a security breach on Sunday, Reuters reports. Damijan Merlak, one of Bitstamp's two Slovenian founders, told Reuters in an emailed message on Friday: "Trading will resume during the day today." On Wednesday, Bitstamp had said it expected that trading could resume within 24 hours and added that customers would not lose money because of the breach and that security would be increased. The next day Bitstamp stated that they were testing a....
Venezuelan authorities seized over a hundred mining machines in a residential area of a central state. According to reports, the mining farm was operating illegally without permits that the national cryptocurrency watchdog, Sunacrip, requires for these operations. The seizure was led by the national police, officers from the national power company, and....
The illegal mining operations will be disconnected from the national power grid and the miners will face prosecution.
After staying offline for the last few days, Bitcoin exchange BitStamp is hopeful resume trading services today, confirmed co-founder Damijan Merlak via email. The Slovenian exchange recently became the victim of online theft, which eventually cost it and its customers around 19,000 BTC - an equivalent of some $5 million. Their representatives however said that a huge portion of the total Bitcoins is safe, and has moved to a much secure offline wallet. On Wednesday, the founderspromised the customers to resume Bitcoin trading operations within the next 24 hours, soon after they turned off....