Iran, pressured by blackouts and pollution, targets Bitcoin ...Egypt

EGYPT INDEPENDENT - News
Iran, pressured by blackouts and pollution, targets Bitcoin

TEHRAN, Iran (AP) — Iran’s capital and major cities plunged into darkness in recent weeks as rolling outages left millions without electricity for hours. Traffic lights died. Offices went dark. Online classes stopped. With toxic smog blanketing Tehran skies and the country buckling under the pandemic and other mounting crises, social media has been rife with speculation. Soon, fingers pointed at an unlikely culprit: Bitcoin. Within days, as frustration spread among residents, the government launched a wide-ranging crackdown on Bitcoin processing centers, which require immense amounts of electricity to power their specialized computers and to keep them cool — a burden on Iran’s power grid. A

    Hence then, the article about iran pressured by blackouts and pollution targets bitcoin was published today ( ) and is available on EGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

    Read More Details
    Finally We wish PressBee provided you with enough information of ( Iran, pressured by blackouts and pollution, targets Bitcoin )

    Apple Storegoogle play

    Last updated :

    Also on site :

    Most viewed in News


    Latest News