Electricity exportation suspended due to crypto mining in Iran
Iran’s struggle with rising electricity demand reached unprecedented heights, prompting the country to suspend electricity exports. On state television, Abuzer Salihi, the general manager of Iran’s power distribution business Tevanir, claimed that the company had decreased electricity exports to zero “so that there is no problem in the country’s electricity supply.” He claimed that in […]
Iran’s Ministry of Industries, Mining and Trade approves operating permits for 30 crypto mining centers
Only one license to manage a crypto mining center was given to Tehran Province, which is home to Iran’s capital. Last Wednesday, Iran’s Ministry of Industries, Mining, and Trade approved operating permits for 30 crypto mining centers in the country, according to the country’s Financial Tribue. According to the report, Iran’s Semnan Province acquired the […]