Iranian Authorities Confiscate 1,000 Bitcoin Mining Machines By Cointelegraph


Iranian Authorities Confiscate 1,000 Bitcoin Mining Machines

Authorities in Iran have confiscated about 1,000 units of bitcoin (BTC) mining machines from two now-defunct factories, BBC reported on June 28

As reported, local authorities noticed a surge in electricity consumption by 7% earlier in June and linked it to cryptocurrency mining activities. Officials subsequently discovered and removed the mining hardware from two former factories.

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