Cryptocurrency miners are using subsidized energy in Iran, and it’s weighing on the national grid36

Iranian cryptocurrency miners are taking advantage of subsidized energy in the country, but it is putting pressure on its power grids, Bloomberg News reports.

As per Iranian state media, a spokesperson for Tadvin Electricity Company faulted cryptocurrency miners for a 7% increase in energy consumption in the country.

Original source
https://www.theblockcrypto.com/tiny/miners-are-using-subsidized-energy-in-iran-and-its-weighing-on-the-national-grid/?utm_source=rss&utm_medium=rss&utm_campaign=default

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