This site uses cookies. By accepting cookies you can optimise your browsing experience. Read more.
Iran: Authorities seize 1,000 Bitcoin-mining machines in Yazd00:26

Iran: Authorities seize 1,000 Bitcoin-mining machines in Yazd

Iran, Islamic Republic of, Yazd
June 28, 2019 at 08:06 GMT +00:00 · Published

Iranian State TV released footage of 1,000 Bitcoin-mining machines in two abandoned factories after they were seized in the central province of Yazd on Thursday.

According to the reports, the machines were using industrially subsidised power to mine the cryptocurrency.

The Bitcoin-mining machines, which are banned in Iran, have been blamed for a seven percent spike in the country’s electricity consumption rate during the month of June.

The electricity required to mine each Bitcoin is roughly equivalent to the amount needed to power 24 households.

The Iranian Central Bank does not recognise digital currencies as a payment method in Iran and has warned it could be used in money-laundering operations.

RESTRICTIONS: NO Access Israel Media/Persian Language TV Stations Outside Iran/Strictly No Access BBC Persian/VOA Persian/Manoto-1 TV/Iran International

Iran: Authorities seize 1,000 Bitcoin-mining machines in Yazd00:26
Restrictions

no access israel media/persian language tv stations outside iran/strictly no access bbc persian/voa persian/manoto-1 tv/iran international

No Account? Sign up!
Description

Iranian State TV released footage of 1,000 Bitcoin-mining machines in two abandoned factories after they were seized in the central province of Yazd on Thursday.

According to the reports, the machines were using industrially subsidised power to mine the cryptocurrency.

The Bitcoin-mining machines, which are banned in Iran, have been blamed for a seven percent spike in the country’s electricity consumption rate during the month of June.

The electricity required to mine each Bitcoin is roughly equivalent to the amount needed to power 24 households.

The Iranian Central Bank does not recognise digital currencies as a payment method in Iran and has warned it could be used in money-laundering operations.

RESTRICTIONS: NO Access Israel Media/Persian Language TV Stations Outside Iran/Strictly No Access BBC Persian/VOA Persian/Manoto-1 TV/Iran International

Top downloads in last 24 hours
02:51
Turkey: Drone footage shows rescue efforts underway after earthquake topples building in Izmir provinceTurkey: Drone footage shows rescue efforts underway after earthquake topples building in Izmir province
October 30, 2020 at 18:39 GMT +00:00
01:35
Turkey: Buildings collapse in Bayrakli after deadly 7.0-magnitude earthquake hitsTurkey: Buildings collapse in Bayrakli after deadly 7.0-magnitude earthquake hits
October 30, 2020 at 15:30 GMT +00:00
Pool for subscribers only
00:50
USA: CalWood Fire wipes out houses as it rages on in ColoradoUSA: CalWood Fire wipes out houses as it rages on in Colorado
October 19, 2020 at 14:03 GMT +00:00
Pool for subscribers only
01:12
Russia: Volcano Karymsky spews out five-kilometre column of ashRussia: Volcano Karymsky spews out five-kilometre column of ash
October 24, 2020 at 13:27 GMT +00:00
04:11
El Salvador: At least 7 killed and over 35 missing in Nejapa landslideEl Salvador: At least 7 killed and over 35 missing in Nejapa landslide
October 31, 2020 at 02:12 GMT +00:00
03:14
Turkey: 16 y/o survivor pulled from under rubble as rescue efforts underway in IzmirTurkey: 16 y/o survivor pulled from under rubble as rescue efforts underway in Izmir
October 31, 2020 at 08:33 GMT +00:00
01:12
Turkey: Residents inspect collapsed building in Izmir following earthquakeTurkey: Residents inspect collapsed building in Izmir following earthquake
October 30, 2020 at 18:02 GMT +00:00
03:16
Turkey: Deadly earthquake causes flooding in Izmir's SeferihisarTurkey: Deadly earthquake causes flooding in Izmir's Seferihisar
October 30, 2020 at 16:20 GMT +00:00
04:57
Tunisia: 'My son does not do such things' - relatives of Nice attack suspect react to church killingsTunisia: 'My son does not do such things' - relatives of Nice attack suspect react to church killings
October 31, 2020 at 01:52 GMT +00:00
05:31
Italy: COVID-19 doctors raise alarm over hospital capacity amid second waveItaly: COVID-19 doctors raise alarm over hospital capacity amid second wave
October 31, 2020 at 01:00 GMT +00:00
02:29
USA: National Guard deployed in Philadelphia ahead of citywide curfew after police shooting unrestUSA: National Guard deployed in Philadelphia ahead of citywide curfew after police shooting unrest
October 30, 2020 at 20:00 GMT +00:00
00:44
Turkey: Survivor pulled from rubble following rescue operation in IzmirTurkey: Survivor pulled from rubble following rescue operation in Izmir
October 30, 2020 at 19:01 GMT +00:00
01:40
Greece: Samos streets flooded after earthquake triggers mini-tsunamiGreece: Samos streets flooded after earthquake triggers mini-tsunami
October 30, 2020 at 19:00 GMT +00:00
02:09
Poland: Tens of thousands march against abortion ban in Warsaw *DRONE FOOTAGE*Poland: Tens of thousands march against abortion ban in Warsaw *DRONE FOOTAGE*
October 30, 2020 at 23:00 GMT +00:00
01:02
Russia: Oxygen station explodes in Chelyabinsk hospitalRussia: Oxygen station explodes in Chelyabinsk hospital
October 31, 2020 at 11:30 GMT +00:00
Pool for subscribers only
01:11
Turkey: Cars stranded on Izmir coast in scenes of destruction after earthquakeTurkey: Cars stranded on Izmir coast in scenes of destruction after earthquake
October 30, 2020 at 16:54 GMT +00:00
03:45
Spain: Anti-lockdown protesters clash with police in BarcelonaSpain: Anti-lockdown protesters clash with police in Barcelona
October 31, 2020 at 03:43 GMT +00:00
01:37
Turkey: Rescue efforts underway after deadly earthquake hits BayrakliTurkey: Rescue efforts underway after deadly earthquake hits Bayrakli
October 30, 2020 at 16:39 GMT +00:00
03:08
France: Paris deserted as country enters second national COVID lockdownFrance: Paris deserted as country enters second national COVID lockdown
October 30, 2020 at 17:54 GMT +00:00
Pool for subscribers only
00:38
Ukraine: Two dead after driver rams into car and pedestrians in centre of Kiev Ukraine: Two dead after driver rams into car and pedestrians in centre of Kiev
October 30, 2020 at 18:58 GMT +00:00
Pool for subscribers only
00:15
France: Record traffic jam in Paris as second nationwide lockdown comes into forceFrance: Record traffic jam in Paris as second nationwide lockdown comes into force
October 30, 2020 at 11:57 GMT +00:00
View all videos