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Bitcoin miners tap in to Iran’s state subsidised energy supply

Bitcoin miners tap in to Iran’s state subsidised energy supply

Along with its increasingly fraught relationship with the US and growing discontent within the country, Iran has to deal with a new problem: a fast-growing industry in mining crypto-currencies that is sapping the country’s electricity supply. A raft of new firms have been set up, often with the help of entrepreneurs from Iran’s geopolitical ally China, to mine bitcoin, the world’s most popular cryptocurrency.






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