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Iran Seizes 240,000 Crypto Mining Rigs Over 3 Years

  • Iranian authorities have seized more than 240,000 crypto mining rigs over the past three years due to critical electricity deficiencies and energy network stress.
  • Illegal crypto miners in Iran consume 2,000 MW of electricity, putting additional strain on the national power grid.
  • Despite efforts to curb unauthorized mining, it is estimated that over 700,000 illegal mining devices are still active in the country.
  • Iran is facing a 25,000 MW electricity deficit, and the power supply shortages are predicted to continue in the future.

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