Mining Newsاخبار ایران

Tehran, Khorasan Razavi and East Azerbaijan record of illegal extraction of digital currency

According to digital currency and to Quoted From the Young Journalists Club, with the arrival of the summer season and the frequent power outages and overuse of capacity, the Ramzarz miners were once again accused and no miner is supposed to have the right to use electricity until the end of September and everyone should be shut down. Illegals were identified, and even a farm in Tehran was identified that consumed 4% of Tehran’s electricity alone, and other farms are still being identified.

Mostafa Rajabi Mashhadi, the spokesman of the country’s electricity industry, said in an interview with the Economics and Energy Reporter of the Economic Group of the Young Journalists Club:

The power consumption of this number of unauthorized currency code centers was more than 570 MW.

He continued:

To generate this amount of electricity and deliver it to the place of consumption, a power plant with a size of 800 MW had to be built.

The spokesman of the country’s electricity industry said:

Due to reduced tariffs, Iran is one of the seven countries with the highest number of cryptocurrencies mined in the world.

According to Rajabi Mashhadi, the main reason for the prevalence of illegal extraction of cryptocurrencies in Iran is the existence of discounted tariffs for energy carriers and very low compared to world prices.

The spokesman of the country’s electricity industry continued:

Miner is a cryptocurrency generator, a cryptocurrency is a digital asset that is decentrally generated and maintained, and to extract the cryptocurrency, complex mathematical calculations must be performed continuously by a computer, which requires a lot of electricity.

He added:

Extracting a bitcoin requires more than 300 megawatt hours of electricity, which is more than the electricity consumption of about 35,000 housing units per day.

Rajabi Mashhadi, comparing the consumption of a minor with other household appliances, said:

The power consumption of a 2 to 3 kW miner is 35 fans or 15 refrigerators.

It is worth mentioning that the most cities that extract currency codes in Tehran are Khorasan Razavi and East Azerbaijan.


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