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Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike

Iranian Authorities Shut Down Two Crypto Mining Farms Amid Power Spike – CoinDesk

Authorities in Iran have seized roughly 1,000 bitcoin mining machines from two abandoned factories, according to RadioFreeEurope. Following the June 27 action, a spokesman for the Energy Ministry said cryptocurrency mining operations were destabilizing the power grid and affecting electrical access for households and businesses.








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