Iran's Power Struggle: Crypto Miners vs. The Grid

In Iran, a big problem is brewing. Nearly all of the country's 427, 000 crypto mining machines are running without permission. This is a huge deal because these machines are guzzling up more than 1, 400 megawatts of electricity every day. That's a lot of power! The issue is so severe that it's putting a strain on the national power grid. To make matters worse, many of these illegal miners are sneaky. They pretend to be industrial facilities to get cheaper electricity. This is not fair to everyone else who needs power for their homes and businesses.Authorities are stepping up their game to shut down these illegal operations. In just one province, they've closed down 104 illegal mining farms and seized 1, 465 machines. That's enough power to run nearly 10, 000 households! The government is also asking for help from citizens. They're offering cash rewards for anyone who reports illegal mining activities. This is a big deal because it shows how serious the problem has become. Iran has become a hotspot for crypto mining, ranking fifth in the world for Bitcoin mining. But with this popularity comes a lot of problems. The country needs to find a way to balance the benefits of crypto mining with the need to keep the power grid stable.