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3232Iran Seizes 45,000 Bitcoin Miners for Illegally Using Subsidized Government Electricity: Report
https://www.digit.info/iran-seizes-45000-bitcoin-miners-for-illegally-using-subsidized-government-electricity-report/
Tue, 19 Jan 2021 03:15:42 +0000https://www.digit.info/2021/01/19/iran-seizes-45000-bitcoin-miners-for-illegally-using-subsidized-government-electricity-report/Read more]]>Police in Iran have reportedly seized 45,000 bitcoin mining rigs for illegally using subsidized electricity from the state-owned power utility Tavanir, the local Tasmin News Agency reported this week. According to Mohammad Hassan Motavalizadeh, head of Tavanir, the efficient application-specific integrated circuit (ASIC) bitcoin miners had been consuming 95 megawatts (MW) per hour of electricity […]