US EditionBitcoin Mining Frenzy Turns Iran Into A ‘Paradise For Illegal Miners’ – CEO
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Bitcoin Mining Frenzy Turns Iran Into A ‘Paradise for Illegal Miners’
Iran’s power grid is under fresh strain as a large-scale boom in Bitcoin mining pushes regulators to hunt down illegal operations, according to statements from local energy officials and recent reports. Cheap, subsidized electricity and covert hookups have turned parts of the country into a “paradise for illegal miners,” Akbar Hasan Beklou, CEO of the Tehran Province Electricity Distribution Company, said. Illegal Bitcoin Mines Multiply Accordin…
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Cryptocurrency News | Cryptocurrency Prices | Market CapBitcoin Mining Frenzy Turns Iran Into A ‘Paradise For Illegal Miners’ – CEO
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Iran’s power grid is under fresh strain as a large-scale boom in Bitcoin mining pushes regulators to hunt down illegal operations, according to statements from local energy officials and recent reports. Cheap, subsidized electricity and covert hookups have turned parts of the... The post Bitcoin Mining Frenzy Turns Iran Into A ‘Paradise For Illega…
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