Published date: 23 January 2021 10:45 UTC | Last update: 10 months 3 weeks ago
Controversy has erupted in Iran after senior officials blamed Chinese mining of cryptocurrencies for recurring blackouts in the country, as well as rocketing pollution.
Following major power outages in Tehran in early January, media reports and officials began to point the finger at a large Chinese mining farm near the city of Rafsanjan.
The farm, which employs 54,000 miners, is the largest authorised site for Bitcoin mining in the country, reportedly using 175 megawatt hours of electricity.
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The farm, which operates under the name of the company Iran-China Investment Development Group, has rejected the allegations, blaming inefficiency in the Iranian electricity industry for the blackouts.