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04.11.25 - 12:33
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95% Of Iran′s 427,000 Active Crypto-Miners Operate Illegally, Official Says (ZeroHedge)
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95% Of Iran's 427,000 Active Crypto-Miners Operate Illegally, Official Says
Authored by Amin Haqshanas via CoinTelegraph.com,
Iran's crypto mining industry is facing a widespread illegal mining crisis, with authorities estimating that over 95% of the country's 427,000 active mining devices are operating without authorization.
Akbar Hasan Beklou, CEO of the Tehran Province Electricity Distribution Company, said on Sunday that Iran has become the world's fourth-largest crypto mining hub, fueled by the country's heavily subsidized electricity prices, which have made it a “paradise for illegal miners.”
These unlicensed operations consume more than 1,400 megawatts of power around the clock, placing immense pressure on the national grid and threatening the stability of electricity supplies.
Beklou noted that most illicit miners disguise their activities as industrial facilities to access cheaper power.
Iran's cheap cost of mining Bitcoin. Source: Bitcoin Archive
Iran shuts down 104 ille...
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06.08.25 - 12:18
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Hitze im Iran: Millionen stundenlang ohne Strom und Wasser (DPA-AFX)
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TEHERAN (dpa-AFX) - Angesichts der Wasserkrise und Sommerhitze greifen die Behörden in der iranischen Hauptstadt zu schärferen Sparmaßnahmen. In der Millionenmetropole Teheran schaltet die Stadtverwaltung den Strom von Privathaushalten nun zweimal am ......
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09.06.25 - 23:42
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Russia To Build Eight Nuclear Power Plants In Iran Amid Standoff With US (ZeroHedge)
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Russia To Build Eight Nuclear Power Plants In Iran Amid Standoff With US
It's been no secret that Russia has been getting more heavily involved in Iran's nuclear program, and interestingly at a moment Moscow has offered to mediate between Washington and Tehran on the question of uranium enrichment and a new nuclear monitoring deal.
On Monday, in a surprise headline given the massive, ambitious scope, Iranian state sources have said Russia will construct eight nuclear power plants in Iran, two of which are already under construction.
"Russia is contracted to build eight nuclear power plants in Iran, including four in the southern city of Bushehr," Ebrahim Rezaei, spokesman for the national security and foreign policy committee, announced on Monday.
Bushehr Nuclear Power Plant
This marks a monumental leap forward in the Iran-Russia relationship, after the two have deepened military cooperation in relation to the Ukraine war (where Russian forces have heavily relied on Iranian Shahe...
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