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Broke Iran Seizes 1000 Crypto Rigs, Skips Bitcoin Mining Mosques

Broke Iran Seizes 1,000 Crypto Rigs, Skips Bitcoin Mining Mosques

As sanctions imposed by the United States continue to bite reducing government revenues and widening the budget deficit, Iran has turned its ire to Bitcoin mining operations in the country that are mooching off the country’s heavily subsidized power. According to Reuters, 1,000 bitcoin mining rigs have been seized by Iranian authorities in Iran’s Yazd Province.