Archived: Iran Bans Crypto Mining After Months of Blackouts

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Iran banned bitcoin mining this week, after four months of blackouts partially due to what officials say is a huge energy suck from illegal mining. President Hassan Rouhani said illegal bitcoin mining was tapping a staggering 2 gigawatts of power each day.

Blockchains, Hassan Rouhani, Environment, Payment systems, Proof of work, Cryptography, Cryptocurrencies, Currency, Bitcoin, Miner, Digital currencies, Decentralization, Ethereum, Legality of bitcoin by country or territory, GizmodoReadArchived