Iran Cracks Down on Illegal Crypto Mining

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Iran is battling a massive illegal mining problem — with officials estimating that 95% of active mining devices in the country are unauthorized.
According to Tehran Province Electricity Distribution Company CEO Akbar Hasan Beklou, unlicensed miners consume over 1,400 megawatts of power daily, straining the national grid.
Authorities have shut down 104 illicit mining farms and seized 1,465 machines, equivalent to the energy use of nearly 10,000 homes.