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Iranian authorities authorized crypto mining to save energy for winter

Hassan Maishera - Cryptowisser
2021-12-27 11:00
Mostafa Rajabi Mashhadi, chairman of the board and managing director of Iran Grid Management Company (Tavanir) announced during the weekend that the country is shutting down cryptocurrency mining centers to reduce liquid fuel consumption in power plants ahead of the winter.
He said, “The Energy Ministry has been implementing measures since last month to reduce the use of liquid fuels in power plants, including cutting licensed crypto farms’ power supply, turning off lampposts in less risky areas and stringent supervision of consumption.”
This is the second time Iran is suspending the operations of cryptocurrency mining centers after implementing a similar measure during the summer.
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