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$1 billion in subsidies – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Tue, 25 Jun 2019 21:30:16 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png $1 billion in subsidies – DIGIT INFO https://www.digit.info 32 32 Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners https://www.digit.info/iranian-energy-grid-blames-7-consumption-increase-on-bitcoin-miners/ Tue, 25 Jun 2019 21:30:16 +0000 https://www.digit.info/2019/06/25/iranian-energy-grid-blames-7-consumption-increase-on-bitcoin-miners/ Read more]]>

Mostafa Rajabi Mashhad, the spokesperson for Tavanir, an Iranian state-operated grid entity, has explained that electrical consumption has spiked by 7% in comparison to the previous year. Rajabi blames illegal cryptocurrency mining operations for the country’s increased electrical consumption and has warned that illicit mining facilities will be cut off from the grid. Also Read: […]

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