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Iranian Power Utility Tavanir Vows Severe Measures Against Unlicensed Crypto Miners
9.7.2022
Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining. These include much higher fines for those minting digital currencies with subsidized electricity and penalties for government officials involved in mining....
Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts
26.12.2021
Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms...
Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300
11.9.2021
Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed down more than 5,300 illegal mining facilities, seizing an enormous amount of coin-minting machines. Power...
Abkhazia Shuts Down 2 Crypto Farms, Seizes Mining Hardware
6.8.2021
Authorities in Abkhazia have closed down two crypto mining farms that have been illegally connected to the power grid. The facilities were minting digital coins in violation of a mining ban imposed by the government to mitigate electricity shortages. Over 80 Mining Rigs Confiscated From Crypto...
Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption
23.5.2021
Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto...