Iranian authorities have seized nearly 10,000 illegal cryptocurrency mining devices since March. According to reports, many of the seized crypto mining rigs were operating in public locations that receive free or heavily-subsidized electricity, such as schools and mosques.
Iran Confiscates Nearly 10K Crypto Mining Devices
Kambiz Nazerian, head of Tehran Electricity Distribution Company, said Monday that Iranian authorities have discovered and seized 9,404 illegal cryptocurrency mining devices in Tehran since the beginning of the Persian calendar year which started on March 21, local media reported.
He explained that the mining equipment was discovered by inspectors in different districts of the Iranian capital.
Iranian authorities have regularly announced the discovery of illegal cryptocurrency mining machines in different parts of the country over recent years. Many of these unauthorized cryptocurrency mining operations were based in public locations, such as schools and mosques,...
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