The Chairman of the board and managing director of Iran Grid Management Company (Tavanir), Mostafa Rajabi Mashhadi has announced that Iran is shutting down crypto mining centers to reduce liquid fuel consumption in power plants amid decreasing temperatures.
He stated that the Iranian authorities took this action to reduce energy consumption last month. He also added that the Energy Ministry has been implementing measures since last month to reduce the use of liquid fuels in power plants, including cutting licensed crypto farms’ power supply, turning off lampposts in less risky areas and stringent supervision of consumption.
The executive highlighted the importance of saving energy in the country, calling on citizens to reduce their electricity and gas consumption as much as possible. According to reports, 70% of the fuel consumed in Iran is used for heating buildings.
While enforcing restrictions on authorized crypto mining operators, the Iranian government has also been working to combat illegal crypto miners. Local energy authorities announced that they had in total seized 222,000 mining devices used for illicit mining crypto since the industry regulations were established.
