Outcry over power outages, smog forces Iran to act against Bitcoin miners – Radio Free Europe / Radio Liberty
Outcry over power outages, smog forces Iran to act against Bitcoin miners – Radio Free Europe / Radio Liberty
Iranian authorities blame power outages and worsening air pollution in cities across the country on energy leakage caused by bitcoin mining operations. Cryptocurrency farms represent a huge drain on energy as they use high-powered computer banks to attempt to unlock complex digital puzzles related to international financial transactions. If successful, bitcoin miners create units of […]
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