Tuesday, June 21, 2022

Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand

Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid on Wednesday, the Islamic Republic’s Ministry of Energy announced. Authorized crypto mining enterprises in Iran will have to unplug their power-hungry coin minting equipment from […] The post Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand first appeared on PR Business News Wire.
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