Iran orders crypto mountain people to stop operating to prevent winter blackouts-mining Bitcoin messages
Iran orders crypto mountain people to stop operating to prevent winter blackouts-mining Bitcoin messages
The authorities in Iran have again asked licensed miners to stop their activities in the face of the shortage of electricity in the cold winter months. After a period of similar restrictions last summer, authorized companies were allowed to resume mining in September.
crypto mining farms in Iran are closed in winter
In view of the expectation that the energy requirement in the whole country will increase at low temperatures in the coming months, the Iranian government is now taking steps to limit consumption and avoid an electricity deficit. Just like the beginning of this year, the measures will affect the growing crypto mining industry in the country.tavanir , the Iranian power generation, distribution and transmission company, has recently authorized cryptocurrency-mining centers instructed to take their electricity -hungry hardware off the net, the English -speaking business newspaper Financial Tribune reported
The Iranian Energy Ministry has been trying to reduce the use of liquid fuels in power plants since last month, Tavanir's spokesman Mostafa Rajabi Mashhadi told the state broadcaster Irib. The interruption of the power supply of licensed crypto farms is part of a list of measures that also include switching off lantern piles in safer areas at night and strict monitoring of consumption, the official said.
The supplier assumes that these measures will help prevent potential power outages in winter if electricity is asked more. Mashhadi added that the Iranian power plants had managed to save some fuel in the next few months, but also emphasized that consumers should be careful with regard to their gas and power consumption.
Iranian crypto miner forced to deal with restrictions again
This is not the first time this year that licensed Iranian miners are in use A temporary ban on the crypto mining After electricity and inadequate supply due to the hot and dry weather. Companies that shaped digital currencies were also held responsible for the scarcity.
The Islamic Republic legalized Bitcoin mining in 2019 when the government introduced a licensing regime for companies working in the industry. However, since registered crypto farms have to buy the electricity that you need to buy to higher exports, many Iranian miners have preferred to stay under the radar and use subsidized budget.
Tavanir searched for underground mining facilities this year. Media reports in November showed that the state-controlled supplier had confiscated over 220,000 mining machines and switch off almost 6,000 illegal crypto farms across the country. Their operators face fines for damage to the national sales network and other punishments.
Do you believe that Iran can master its electricity deficit in the long term and ensure a stable power supply for its crypto mining industry? Tell us in the comment area below.
Bedy verification : Shutterstock, Pixabay, Wiki Commons