Iran Seizes 7,000 Illegal Crypto Mining Computers Amid Power Shortages ...Middle East

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Iran Seizes 7,000 Illegal Crypto Mining Computers Amid Power Shortages
source : OILPRICE ( Middle East ) () 22
Iran has seized 7,000 computers mining cryptocurrency in breach of a recent ban on the electricity-sapping activity, as the Islamic Republic continues to struggle with severe power shortage in the hot summer months. Police in Iran have seized the machines at an illegal crypto mining farm in an abandoned factory west of the capital city Tehran, Reuters reported on Tuesday, citing Iranian media. Last month, Iran banned cryptocurrency mining until the end of September as it grapples with power blackouts amid electricity scarcity. "To help solve this…

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