Iran Government Blaming Bitcoin Mining For Massive Blackout Ya Libnan But iranians in the bitcoin industry reject the government’s accusations, saying the industry was being blamed for a broader problem. The u.s. treasury and israel have targeted bitcoin wallets that they’ve alleged are affiliated with operations run by iran’s paramilitary revolutionary guard to finance allied militant groups in mideast war zones.
Massive Blackouts Have Hit Iran The Government Is Blaming Bitcoin Tehran, iran — iran’s capital and outlying provinces have faced rolling power blackouts for weeks this fall, with electricity cuts disrupting people’s lives and businesses. and while. Iran has faced major power blackouts in its capital, tehran, and neighboring provinces throughout october and november. while officials cite various causes, crypto mining has emerged as a significant contributor to the power crisis. The irgc’s crypto operations, though lucrative for the regime elite, are effectively parasitic on iran’s economy and infrastructure. each bitcoin mined under its aegis comes at a steep cost: more fossil fuel consumption, more emissions, and more hours of blackout for homes and businesses. The u.s. treasury and israel have targeted bitcoin wallets that they’ve alleged are affiliated with operations run by iran’s paramilitary revolutionary guard to finance allied militant groups in mideast war zones. that suggests the guard itself may be involved in the mining.
How Bitcoin Could Help Iran Undermine U S Sanctions The New York Times The irgc’s crypto operations, though lucrative for the regime elite, are effectively parasitic on iran’s economy and infrastructure. each bitcoin mined under its aegis comes at a steep cost: more fossil fuel consumption, more emissions, and more hours of blackout for homes and businesses. The u.s. treasury and israel have targeted bitcoin wallets that they’ve alleged are affiliated with operations run by iran’s paramilitary revolutionary guard to finance allied militant groups in mideast war zones. that suggests the guard itself may be involved in the mining. Rolling power outages that have brought the country to a standstill in many areas has once again sparked controversies over the role of ‘illegal’ bitcoin mining in overburdening the electricity grid. Tehran’s latest problems with rolling power outages have raised concerns among local officials, calling for an inquiry into crypto miners’ potential culpability. iran has historically struggled with increasing power demands, primarily due to international sanctions over its nuclear program. Iran’s capital and outlying provinces have faced rolling power blackouts for weeks in october and november, with electricity cuts disrupting people’s lives and businesses. and while several. Tehran — iran’s capital and outlying provinces faced rolling power blackouts for weeks in october and november, with electricity cuts disrupting people’s lives and businesses. and while.
Comments are closed.