Iran bans bitcoin mining as power cuts bite
President Hassan Rouhani orders closures as subsidised power prices attract cryptocurrency miners
26 May 2021 - 19:58
Iran banned the mining of cryptocurrencies such as bitcoin after a series of power cuts across major cities, in the latest sign of growing unease over the digital asset’s energy usage.
The ban is effective immediately and will last until September 22, President Hassan Rouhani said on state TV on Wednesday...
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