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Iran’s problem with the ever-increasing electrical energy consumption reached new heights, main the nation to halt electrical energy exports.

Abuzer Salihi, basic supervisor of Iran’s electrical energy distribution firm Tevanir, introduced on state tv that it has lowered electrical energy exports to zero “in order that there isn’t a drawback in electrical energy provide within the nation.” He stated that the electrical energy provide to Afghanistan’s Herat province, which imported 70% of its electrical energy from Iran, fully stopped with a view to meet home wants.

In accordance with the numbers shared by Tevanir, the every day electrical energy deman reached over 65,000 megawatts whereas manufacturing is round 54,000 megawatts. Except for the summer time warmth, Bitcoin (BTC) and crypto mining actions within the nation — recognized for its vital electrical energy subsidies for native business — are listed as one reason for the excessive energy demand.

Iran made crypto mining authorized in 2019 to license and regulate miners throughout the nation. However the nation additionally noticed a spike in unlicensed mining actions, with many unlicensed miners utilizing the resideelectric grid to energy up energy-consuming mining rigs.

Iran’s first measure this 12 months was to fine crypto miners utilizing family power.

A ban on mining till the recent summer time months go adopted. Introduced by President Hassan Rouhani in Could, the crypto mining ban will final till September to make sure entry to electrical energy for home consumption. Rouhani additionally claimed that 85% of the mining exercise in Iran is unlicensed.

Associated: Proposed bill in Iran could ban all foreign-mined cryptocurrencies

As a final resort earlier than halting electrical energy exports, the nation additionally referred to as on all legally working crypto miners to cease their actions. Eshaq Jahangiri, the primary vice chairman of Iran beneath Hassan Rouhani, made the announcement throughout a meeting with officials of the Ministry of Power. “We’ll be sure that the electrical energy won’t be lower off in important and vital locations,” he stated.

In the meantime, Iran continues its crackdown on unlawful mining actions. Final month, authorities confiscated greater than 7,000 mining rigs at a farm working within the capital of Tehran