Iran cuts electricity to licensed crypto miners: Bloomberg

Ireland News News

Iran cuts electricity to licensed crypto miners: Bloomberg
Ireland Latest News,Ireland Headlines
  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 53%

ICYMI: Iran cuts electricity to licensed crypto miners: Bloomberg

The country is facing increased power demand and the possibility of shortages.

Iran will cut electric power to all its 118 legal crypto mining centers this month as the country faces increased energy demand.electricity to all 118 legal crypto mining centers in Iran to cease from June 22 ahead of a seasonal spike in power demand, Mostafa Rajabi Mashhadi, spokesman for the country’s power industry, said during an interview with Iranian state TV. Mashhadi also warned the country of increased power shortages this week as demand surpasses 63,000 megawatts.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheBlock__ /  🏆 464. in US

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Iran responds to UAE concerns over Tehran's nuclear plansIran responds to UAE concerns over Tehran's nuclear plansIran on Saturday told the United Arab Emirates that Tehran gave a high priority to improving ties with its neighbours, Iranian state media reported, a day after the UAE voiced concern over Tehran's nuclear programme.
Read more »

Pompeo says Biden's Iran talks ‘squandered’ Middle East stability: ‘Putting us all at risk’Pompeo says Biden's Iran talks ‘squandered’ Middle East stability: ‘Putting us all at risk’In a Sunday interview, former Secretary of State Mike Pompeo told Fox News that President Biden's approach to the Middle East has been a big step in the wrong direction.
Read more »

Iran Will Reportedly Cut Off Electricity to All Legal Crypto MinersIran Will Reportedly Cut Off Electricity to All Legal Crypto MinersWith the upcoming summer, Iranian authorities have decided to halt crypto mining in the country... again.
Read more »

Iran Will Reportedly Cut Off Electricity to All Legal Crypto MinersIran Will Reportedly Cut Off Electricity to All Legal Crypto MinersWith the upcoming summer, Iranian authorities have decided to halt crypto mining in the country... again.
Read more »



Render Time: 2025-03-05 04:47:30