Iran Ceases Authorized Digital Asset Mining To Save Energy For Winter

Amid Iran’s energy utilization increasing during the winter, local energy authorities have decided to stop operations of authorized digital asset mining centers.

The chairman of the board and managing director of Iran Grid Management Company (Tavanir), Mostafa Rajabi Mashhadi declared that Iran is shutting down digital asset mining centers again to decrease liquid fuel expenditure in power plants amid lessening temperatures.

The Islamic Republic of Iran Broadcasting recently reported Mashhadi mentioning that Iranian authorities took this action to decrease energy consumption last month.

He mentioned,

“The Energy Ministry has been implementing measures since last month to reduce the use of liquid fuels in power plants, including cutting licensed crypto farms’ power supply, turning off lampposts in less risky areas and stringent supervision of consumption.”

While imposing limitations on authorized digital asset mining operators, the Iranian government has also been working to battle unlawful digital asset miners. Last month, local energy authorities declared that they had in total seized over 200k mining devices used for illegal mining of digital assets since the industry directives were established.