Iranian Courts Order Return of Thousands of Seized Crypto Mining Machines: Reports

Iranian Courts Order Return of Thousands of Seized Crypto Mining Machines: Reports

In 2021, Iranian authorities banned mining and seized related equipment to deal with power shortages. Last year, the power utility, Tavanir, also clamped down on illegal crypto mining farms as power demand climbed during the summer, according to the reports. The utility has closed 7,200 illegal crypto mining centers and seized more than 250,000 mining computers.

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