Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners

Iranian Ministry of Industries Denies Power Shortages Are Caused By Illegal Crypto MinersIran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes the state-run utility company, Tavanir, has overestimated their role in the power deficit. Illegal Miners Burn Less Energy Than Tavanir Estimates, Ministry of Industries Says An official from the Iranian […]

Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners

Iranian Ministry of Industries Denies Power Shortages Are Caused By Illegal Crypto MinersIran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes the state-run utility company, Tavanir, has overestimated their role in the power deficit. Illegal Miners Burn Less Energy Than Tavanir Estimates, Ministry of Industries Says An official from the Iranian […]

Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital Currencies

Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital CurrenciesIranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government has put out the data amid a crackdown on illegal miners in the country. A Third of Authorized Mining Farms Are Based in Two Provinces The Iranian Ministry of Industries, […]