Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis

Iran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim that unauthorized crypto mining has significantly strained Iran’s power grid, leading to widespread industrial disruptions. A bounty program has been launched to encourage citizens to report illegal mining operations. Iran […]

Aug 16, 2024 - 05:00
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Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis
Iran Escalates Crackdown on Illegal Crypto Mining Amidst Severe Power CrisisIran is aggressively cracking down on illegal cryptocurrency mining as the nation faces a severe power crisis exacerbated by an intense heatwave. Iranian authorities claim that unauthorized crypto mining has significantly strained Iran’s power grid, leading to widespread industrial disruptions. A bounty program has been launched to encourage citizens to report illegal mining operations. Iran […]

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