About 10 Thousand Mining Devices Seized In A Few Months In Iran

Authorities in Iran have confiscated 9,404 mining equipment in Tehran since the end of March.

According to today’s statements by Kambiz Nazerian, the manager of the electricity distribution company in the Tehran region, the devices were found as a result of various operations organized throughout the city.

Although cryptocurrency miners in Iran can legally mine if they are licensed, the government has since last year justification for power cuts It imposes periodic restrictions on mining activities across the country.

On the one hand, the authorities school, mosque and other places It has been conducting an investigation into illegal mining for some time.

Citizens in Iran may turn to cryptocurrency mining due to the depreciation of the local currency and low electricity prices.

The government, on the other hand, uses cryptocurrencies to circumvent economic and political sanctions imposed by the US. The Iranian government earlier this month A $10 million export deal He broke new ground by deciding to make his payment with crypto money.

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