News Snapshot:
Iranian-Chinese bitcoin farm shut amid power outages Unprecedented surge in demand for electricity has led to frequent blackouts in country in recent weeks Syed Zafar Mehdi | 14.01.2021 TEHRAN Amid severe power outages across Iran in recent weeks, a major cryptocurrency mining plant jointly operated by an Iranian-Chinese investment firm in the country’s southeast has been temporarily shut down. Iran’s state-owned electricity firm Tanavir made the announcement on Wednesday after a viral video showing thousands of bitcoin machines operating at the facility in Rafsanjan city of Kerman province. According to state media, the bitcoin mining farm in Rafsanjan had alone...
