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Cryptomining

  • EghtesadOnline: The crackdown on unauthorized cryptomining continues in Iran with 227 more devices confiscated in the past week.

  • EghtesadOnline: Iran Power Generation, Distribution and Transmission Company, Tavanir, has warned about the possibility of power cuts in winter, considering the persisting pressure on the national grid apparently caused by illegal cryptocurrency mining.

  • EghtesadOnline: The CEO of Tehran Stock Exchange Ali Sahraee submitted his resignation after unregistered cryptocurrency mining equipment was discovered in the TSE premises.

  • EghtesadOnline: Iran Power Generation, Distribution and Transmission Company (Tavanir) says whistleblowers helped in almost 20% of the total illegal cryptomining farm detections since the beginning of the fiscal year in March.

  • EghtesadOnline: Closing unauthorized cryptomining farms to prevent blackouts remains on the agenda of the Iran Power Generation, Distribution and Transmission Company (Tavanir) as demand for electricity remains high.

  • EghtesadOnline: Iran Power Generation, Distribution and Transmission Company (Tavanir) shuts almost 50 illegal crypto farms every day as it tries to alleviate the worsening power shortages, the company spokesman said at the weekend.

  • EghtesadOnline: The Ministry of Industries, Mining and Trade has issued license for 30 cryptomining units, according to the figures published on ministry website.

  • EghtesadOnline: In a bid to alleviate the power shortages that have led to rolling blackouts the Iran Power Generation, Distribution and Transmission Company (Tavanir) has told cryptomining units to suspend their activities until further notice.

  • EghtesadOnline: With estimated cryptomining capacity at $1.4 billion, Iran is among the top in the world, a senior Industries Ministry official said.

  • EghtesadOnline: Iran Power Generation, Distribution and Transmission Company (Tavanir) has ordered licensed cryptocurrency mining farms to halt operations for two weeks to lessen power shortages across the country.