It is shown that particles accelerating near the event horizon of a spinnin
g supermassive black hole that is threaded by externally supported magnetic
field lines suffer severe curvature losses that limit the maximum energy t
hey can attain to values well below that imposed by the maximum voltage dro
p induced by the black hole dynamo. It is further shown that the dominant f
raction of the rotational energy extracted from the black hole is radiated
in the TeV band. The implications for vacuum breakdown and the observationa
l consequences are discussed.