Iran Halts Mining Activities Will Bitcoin Suffer

Last updated: June 8, 2025, 22:22

Iran Halts Mining Activities Will Bitcoin Suffer

Iran

Iranian President Hassan Rouhani has announced that cryptocurrency mining is banned in Iran, effective immediately. The ban, which will last until Sept. 22, is imposed as many cities in the

Iran's government says that 85% of bitcoin mining in the country is done illegally. The country of 82 million is home to 50 licensed mining farms, which use a total of

Bitcoin mining may have a role in blackouts plague in Iran

Iran

Iran Cracks Down on Crypto Miners as Electricity Demand Surges

Iran’s capital and outlying provinces have faced rolling power blackouts for weeks in October and November, with electricity cuts disrupting people’s lives and businesses.

Iran bans bitcoin mining as its cities suffer blackouts - CNBC

Cryptocurrency Mining Banned in Iran as Blackouts and - Bitcoin

Crypto Mining Is Allegedly Causing Blackouts in Iran

Bitcoin Mining Sparks New Controversies Amid Power Outages in

Iran

Iran bans cryptocurrency mining for four months after blackouts

Energy Crisis In IranIs Bitcoin Mining To Blame?

Iran's energy crisis is exacerbated by illegal Bitcoin mining, prompting authorities to reward reports of unauthorized operations as they seek to stabilize the electricity

Unlicensed miners in Iran using

Tehran’s latest problems with rolling power outages have raised concerns among local officials, calling for an inquiry into crypto miners’ potential culpability. Iran has historically struggled with

Unlicensed miners in Iran using 230,000 devices are reportedly driving blackouts in the capital. Iran’s electricity costs, the world’s lowest at $0.002/kWh, make it a

Electricity to licensed crypto mining centers in Iran will be cut offbut illegal miners could be unaffected; 6.9% of all bitcoin mining worldwide took place in Iran in June

Power outages rekindle controversies over Bitcoin