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Iran’s blame-it-on-Bitcoin ‘leccy shortage probably isn’t a US hack cover story… yet

Iran’s blame-it-on-Bitcoin ‘leccy shortage probably isn’t a US hack cover story… yet

Comment Iran claims that recent surges in electricity demand, leading to blackouts and brownouts, were caused by too many cryptocurrency miners’ power-hungry machines being hooked up to the national grid – though all may not be as it seems. Radio Free Europe reported that Iranian energy ministry spokesman Mostafa Rajabi blamed alt-coin miners for making the Middle Eastern nation’s electrical grid “unstable,” blaming them for a seven-per-cent jump in power demand during most of June.








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