Iran Seizes 3 000 Crypto Mining Devices In A Week Mining Bitcoin News Authorities in iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid power shortages and blackouts. in a single year, iranian law enforcement has shut down over 180 crypto farms in tehran province alone. Consequently, the use of subsidized industrial electricity for mining was banned and authorities said they had seized around 1,000 mining machines from two mining farms at two derelict factories in yazd province.
Iran Seizes 3 000 Crypto Mining Devices In A Week Mining Bitcoin News In concordance with new crypto regulations aiming to counter power shortages, iranian authorities launched an offensive that seized more than 3,000 mining devices in a single week. Iranian authorities seized numerous crypto mining equipment over the past two years, citing stress on energy grids during winter. now, a court ordered the release of crypto mining. 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. Approximately 1, 000 mining machines were seized from two derelict factories in yazd province. reports have surfaced indicating that certain state sponsored establishments, including mosques that enjoy reduced energy rates, are involved in crypto mining activities.
Crypto Miners In Iran To Face Blackout As Mining Becomes Unprofitable 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. Approximately 1, 000 mining machines were seized from two derelict factories in yazd province. reports have surfaced indicating that certain state sponsored establishments, including mosques that enjoy reduced energy rates, are involved in crypto mining activities. Iranian authorities have seized more than 240,000 crypto mining rigs over the past three years, according to the state electricity company, tavanir. this crackdown occurs because the. Authorities in iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid power shortages and blackouts. in a single year, iranian law enforcement has shut down over 180 crypto farms in tehran province alone. Iranian authorities have confirmed the seizure of about 240,000 cryptocurrency mining rigs over the last three years. the confirmation was made by the state electricity company tavanir on sunday, as the company bemoaned the state of electricity in the country. Iran is offering bounties to combat illegal cryptocurrency mining activities which officials say are seriously disrupting the country's electricity network amid severe power shortages crippling the country's industrial production.
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