Tag: electricity subsidy
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Illegal Crypto Mining in Iran: Power Drain & Environment
Overview: Why Illegal Crypto Mining Surges in Iran Iran’s crypto mining sector has long walked a tightrope between opportunity and risk. With subsidized electricity and a restless energy market, the country became a magnet for miners seeking cheap power. When operations go underground or move beyond government licensing, the result isn’t just financial leakage—it’s a…
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Illegal Crypto Mining in Iran: Straining Power and Ecology
Introduction: A Hidden Driver of Strain on Iran’s Power Grid Across Iran, a surge in unregulated cryptocurrency mining is bending the country’s aging electrical system to its limits. The lure is simple: subsidised electricity prices that make mining profitable even as demand from legitimate consumers climbs. The result is not just louder breakers and more…