Iran to cut electricity to authorized crypto miners

Iran to cut electricity to authorized crypto miners

According to a report from Tehran Times, authorities in Iran have announced that crypto miners operating in the country would have their access to electricity cut off by June 22.

Electricity to all 118 government-authorized mining operators in Iran will be cut off ahead of seasonal spikes in power demand, Mostafa Rajabi Mashhadi, spokesman for Iran’s power industry said.

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