Iran has emerged as the world’s fourth-largest crypto mining hub, with 427,000 active devices and more than 13 million citizens involved in crypto trading. Officials report massive electricity use and frequent power theft by illegal mining farms. In Tehran Province alone, authorities have seized over 1,400 machines and shut down 104 unlicensed sites.
Iran’s subsidized power has attracted miners but strained the national grid, prompting stricter inspections and law enforcement crackdowns across key industrial zones.
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