Police in Iran have lately seized 7,000 computer systems used as cryptocurrency miners, it’s greatest haul to this point. These miners have been situated inside an deserted manufacturing unit.
In late May, Iran banned the mining of cryptocurrencies resembling Bitcoin for almost 4 months as a part of efforts to scale back the incidence of energy blackouts blamed by officers on surging electrical energy demand throughout the searingly scorching and dry summer season.
According to blockchain analytics agency Elliptic, round 4.5% of all bitcoin mining takes place in Iran, giving it a whole lot of million {dollars} in income from cryptocurrencies that can be utilized to minimize the affect of U.S. sanctions.
Check It Out: 7,000 Crypto Mining Computers Seized in Iran
