Bitcoin Miners are the Cause of Power Outages in Iran

Event: Bitcoin Miners are the Cause of Power Outages in Iran.
Name: Bitcoin Miners, Iran.
Date: 1.17.2021.
Location: Nuremberg, Germany, Planet Earth, The Universe.
News Links: rferl.org - 1.17.2021.


Outcry Over Power Outages, Smog Forces Iran To Act Against Bitcoin Miners

In June 2019, Energy Ministry spokesman Mostafa Rajabi announced an “unusual” spike in electricity consumption from illicit bitcoin operations that were making the power grid “unstable” and causing problems for consumers.

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Iran’s deputy energy minister warned that same month that the number of cryptocurrency operations was increasing, with some being based in "schools and mosques" that receive electricity for free.

Source: rferl.org - 1.17.2021.


See also: Bitcoin Symbols and Heist ⇒

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