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3232Iranian Power Utility Tavanir Vows Severe Measures Against Unlicensed Crypto Miners
https://www.digit.info/iranian-power-utility-tavanir-vows-severe-measures-against-unlicensed-crypto-miners/
Sat, 09 Jul 2022 14:30:11 +0000https://www.digit.info/2022/07/09/iranian-power-utility-tavanir-vows-severe-measures-against-unlicensed-crypto-miners/Read more]]>Iran’s state-owned power distribution company, Tavanir, has threatened harsher measures to discourage unauthorized crypto mining. These include much higher fines for those minting digital currencies with subsidized electricity and penalties for government officials involved in mining. Tavanir Raises Fines for Illegal Cryptocurrency Mining The Iran Power Generation, Transmission and Distribution Company (Tavanir) has adopted new, […]
]]>Power Deficit Forces Crypto Miners to Leave Kazakhstan
https://www.digit.info/power-deficit-forces-crypto-miners-to-leave-kazakhstan/
Wed, 29 Dec 2021 14:30:26 +0000https://www.digit.info/2021/12/29/power-deficit-forces-crypto-miners-to-leave-kazakhstan/Read more]]>Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including some of those that moved in amid China’s crackdown on the sector, are now looking to relocate to destinations with a more stable energy supply like the United States. Miners Shut Down Crypto Farms Due […]
]]>Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts
https://www.digit.info/iran-orders-crypto-miners-to-halt-operations-to-prevent-winter-blackouts/
Sun, 26 Dec 2021 22:30:49 +0000https://www.digit.info/2021/12/26/iran-orders-crypto-miners-to-halt-operations-to-prevent-winter-blackouts/Read more]]>Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms in Iran to Shut Down During Winter Expecting energy needs across […]
]]>Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300
https://www.digit.info/iran-shuts-down-more-illegal-crypto-farms-bringing-total-to-over-5300/
Sat, 11 Sep 2021 18:30:56 +0000https://www.digit.info/2021/09/11/iran-shuts-down-more-illegal-crypto-farms-bringing-total-to-over-5300/Read more]]>Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed down more than 5,300 illegal mining facilities, seizing an enormous amount of coin-minting machines. Power Utility Confiscates More Than 216,000 Mining Units From Unlicensed Miners in Iran Preventing blackouts remains […]
]]>Abkhazia Shuts Down 2 Crypto Farms, Seizes Mining Hardware
https://www.digit.info/abkhazia-shuts-down-2-crypto-farms-seizes-mining-hardware/
Fri, 06 Aug 2021 11:30:19 +0000https://www.digit.info/2021/08/06/abkhazia-shuts-down-2-crypto-farms-seizes-mining-hardware/Read more]]>Authorities in Abkhazia have closed down two crypto mining farms that have been illegally connected to the power grid. The facilities were minting digital coins in violation of a mining ban imposed by the government to mitigate electricity shortages. Over 80 Mining Rigs Confiscated From Crypto Farms in Abkhazia Dozens of mining rigs have been […]
]]>Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption
https://www.digit.info/iran-to-shut-down-licensed-crypto-miners-in-peak-hours-of-power-consumption/
Sun, 23 May 2021 04:00:37 +0000https://www.digit.info/2021/05/23/iran-to-shut-down-licensed-crypto-miners-in-peak-hours-of-power-consumption/Read more]]>Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto miners burn much more energy. Licensed Crypto Miners Use 300 MW, […]