Iran to Cut Off Electricity to Authorized Cryptocurrency Mining Units

The electricity of authorized cryptocurrency mining units will be cut off from June 22 until the end of the restriction, the Iranian Energy Ministry’s Spokesman for the electricity sector Mostafa Rajabi Mashhadi announced. Previously, some unauthorized miners have also started using household electricity for cryptocurrency mining, which has had a major impact on the country's electricity sector, as the country is already facing serious problems caused by drought and reduced rainfall.