Iran Imposes Restrictions on Crypto Mining Again
State energy holding Tavanir has demanded that authorized miners suspend their operations, The Financial Tribune reports.
The authorities are trying to avoid a shortage of electricity due to an increase in its consumption in winter. According to Tavanir, the steps taken by the authorities will help prevent possible blackouts during a period of high demand.
A representative of the Mostafa Rajabi Mashhadi holding in a comment to the state television company IRIB said:
“Since last month, the Ministry of Energy has been taking measures to reduce the use of liquid fuels at power plants, including by cutting off the power supply of licensed crypto farms.”
The power plants have managed to save fuel for the coming months, he said.
We should remember that this is not the first time that Iran has imposed restrictions on miners. At the end of May, the country’s President Hassan Rouhani announced a temporary ban on crypto mining due to a shortage of electricity. However, licensed companies were allowed to resume work in the fall.
