Nov 2, 2025
Iran to Intensify Crackdown as 95% of its 427K Crypto Rigs Run Illegally
Iran’s crypto mining industry is facing a widespread illegal mining crisis, with authorities estimating that over 95% of the country’s 427,000 active mining devices are operating without authorization. Akbar Hasan Beklou, CEO of the Tehran Province Electricity Distribution Company, said on Sunday that Iran has become the world’s fourth-largest crypto mining hub, fueled by the country’s heavily…
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