Iranian Authorities Seize 1,000 Bitcoin Mining Rigs As Electricity Consumption Surges (Cryptoglobe)


Iranian authorities have seized 1,000 bitcoin mining rigs in a government crackdown on crypto mining. Electricity consumption has spiked in the country, which became a ‘hot spot’ for bitcoin mining in 2018 due to low-cost, subsidized electricity.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.