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Illegal crypto mining threatens Iran’s power grid

Illegal crypto mining threatens Iran’s power grid

Iran is waging a domestic war against illegal digital currency mining operations reportedly draining its already strained power grid—even as United States sanctions, a billion-dollar asset seizure, and the aftermath of active military conflict continue to squeeze the country’s financial system from the outside.

According to a Telegram post by Iran’s Fars news agency this week, the country’s Deputy Minister of Energy, Mostafa Mashhadi, revealed that the government has “plans in place”…

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