Iran bans cryptocurrency mining for 4 months after blackouts - a podcast by Marketplace

from 2021-05-27T10:43:05

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From the BBC World Service: Iran’s President Hassan Rouhani told a cabinet meeting that the main cause of the blackouts was a drought that had affected hydroelectric power generation. But he also said that cryptocurrency mining, 85% of which is unlicensed, was draining more than 2 gigawatts from the grid each day.


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