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Specifically, Nicaragua had received four Soviet amphibious ferries at the El Rama port facilities via Algeria. According to the military intelligence, other military equipment had been removed in Algeria, such as multiple rocket launchers and 12 cargo trucks. Whether this equipment was shipped elsewhere or would continue to Nicaragua later is

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23  · Mining operations are fined for using subsidized electricity and equipment suspected of being smuggled into the country. According to Alavi, the

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Mining Rigs Seized In April 2018, the Economist first ran an article questioning the rate of bitcoin mining in Venezuela. The outlet claimed that, at the time, President Nicolas Maduro was using government ownership of the electrical grid to locate and crackdown on bitcoin miners.

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Illegal Bitcoin Mining Cost Russia $6.6 Million in 3 Years

The company also detailed that many facilities just hook a wire to the nearest power lines, stealing electricity, whereas a few even hide their mining equipment underground in the forests to avoid enforcement crackdowns. Since 2017, Rosseti has found 35 cases of such illegal cryptocurrency mining facilities across 20 regions of the country.

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Venezuela Legalizes Crypto Mining, Announces Regulatory

2  · Venezuela's government has announced a new regulatory framework for crypto mining in the country that legalizes it and brings it under government control. Venezuela has traditionally adopted a hostile or ambiguous position toward crypto mining, even occasionally seizing mining equipment

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Venezuela Legalizes Crypto Mining, Announces Regulatory

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