Iran has shut down 1,620 illegal mining farms
Iranian authorities shut down 1,620 illegal cryptocurrency mining centers, which together consumed 250 MW of power, the Financial Tribune reported. According to a spokesman for state energy company Tavanir, these farms have continued to operate illegally since 2019, when mining was legalized in the country. "Tavanir is strict about unauthorized miners. Those who use subsidized electricity will be fined the amount of the losses caused to the...