Iranian power company restricts cryptocurrency mining
This is necessary to prevent possible power outages in winter
27.12.2021 - 10:55
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What’s new? Iran's Power Generation, Distribution, and Transmission Company, Tavanir, has asked authorized crypto mining centers to suspend their activities. . This is reported by the Financial Tribune.
Information on the Financial Tribune website
What does the Tavanir representative say? Talking to the state-run broadcaster IRIB, the company's representative, Mostafa Rajabi Mashhadi, said that consumers need to exercise extra caution while consuming gas and electricity. He added:
“Energy Ministry is implementing measures since last month to reduce the use of liquid fuels in power plants, including cutting licensed crypto farms' power supply. Power plants have managed to save fuel for the coming [winter] months.”
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