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Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis

August 16, 2024
in Bitcoin
Reading Time: 1 min read
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Iran Escalates Crackdown on Illegal Crypto Mining Amid Severe Power Crisis
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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 […]
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