Authorities in Iran have seized roughly 1,000 Bitcoin mining machines from two former factories, according to state TV reports.
The action was taken following a spike in electricity consumption.
Demand for power rose by 7% in June and cryptocurrency mining was thought to be the main cause, an energy ministry spokesman told local state-run media.
One researcher said Bitcoin was gaining more and more attention in Iran as a potential means of storing wealth.
"Two of these bitcoin farms have been identified, with a consumption of one megawatt," Arash Navab, an electricity official, told state television.
https://www.bbc.com/news/technology-48799155Can this confirmed that indeed Iran is already into bitcoin now as a hedge specially as fears of a total war with US?
I don't get it. Okay, I think it's fair to put some pressure on whichever companies or projects are using the most electricity that results in the minimum usefulness. But seizing miners seems to be an overreaction. Electricity consumption is growing, it's natural for civilization. What, is it a crime to use more power? Another thing is to set some official limitations on non-ecologically friendly electricity, thus leading to a greener future. The article is simply too short and a bit unorganized, and that makes it hard to understand what actually happened and on which grounds.