ICYMI: Iran cuts electricity to licensed crypto miners: Bloomberg
The country is facing increased power demand and the possibility of shortages.
Iran will cut electric power to all its 118 legal crypto mining centers this month as the country faces increased energy demand.electricity to all 118 legal crypto mining centers in Iran to cease from June 22 ahead of a seasonal spike in power demand, Mostafa Rajabi Mashhadi, spokesman for the country’s power industry, said during an interview with Iranian state TV. Mashhadi also warned the country of increased power shortages this week as demand surpasses 63,000 megawatts.
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Iran Will Reportedly Cut Off Electricity to All Legal Crypto MinersWith the upcoming summer, Iranian authorities have decided to halt crypto mining in the country... again.
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