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Iran is ordering crypto-mining centers to shut down for the 2nd time this year to prevent blackouts
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Iran is ordering authorized crypto-mining centers to shut down until March 6 next year to prevent blackouts ahead of winter as the country's power plants struggle to provide power.
Bloomberg was first to report, citing Mostafa Rajabi Mashhadi, director of Iran Grid Management, the national power grid developer and operator. He is also the spokesman for Iran's power industry.
This is the second time this year the Middle Eastern nation has ordered the centers to shut down. The first one was in May when Iran faced a series of blackouts due to higher than usual energy consumption during the summer season, compounded by drought and high temperatures. The order was lifted in September.
The ban is said to free up 209 megawatts of power
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