Iran stops authorized crypto mining to save energy in winter

In the case of increased energy consumption in Iran in winter, the local energy authority decided to stop the operation of authorized cryptocurrency mining centers.

Mustafa Rajabi Mashhadi, Chairman of the Board of Directors and Managing Director of Iran’s Power Grid Management Company (Tavanir), announced that Iran will once again close its encrypted mining center to reduce the liquid fuel consumption of power plants in the event of a drop in temperature. .

Mashhadi said that the Iranian authorities took this action last month to reduce energy consumption. The Islamic Republic of Iran Broadcasting Corporation (IRIB) Report December 25th.

“Since last month, the Department of Energy has been taking measures to reduce the use of liquid fuels in power plants, including cutting off electricity supply to licensed crypto farms, closing light poles in low-risk areas, and strict consumption regulations,” he said.

The executive emphasized the importance of energy conservation in the country and called on citizens to also reduce the consumption of electricity and natural gas as much as possible.According to local reports, 70% of Iran’s fuel consumption is used Used to heat buildings. According to reports, the new energy-saving measures are expected to reduce energy consumption by at least 40%.

While imposing restrictions on authorized crypto mining operators, the Iranian government has also been working hard to crack down on illegal crypto miners. In late November, the local energy authority Announce Since the formulation of industry regulations, they have seized a total of 222,000 mining equipment used for illegal mining and encryption.

related: The chairman of the Iranian Blockchain Association calls for the establishment of a special committee on encryption law

Iran is one of the largest cryptocurrency mining countries in the world, accounting for approximately 4.5% to 7% of global Bitcoin (Bitcoin) Hash rate.This country before Temporary total ban Regarding the summer cryptocurrency mining, citing the historical peak period of electricity demand due to high temperature.This The ban was subsequently lifted in September As Iran’s power grid becomes more stable.