within the body of Iran Electricity Generation and Distribution Company. cryptocurrency Muhammed Hudadadi Behlül, who is the head of the electricity supply unit to the production centers, made a statement about the production of crypto money in the country.
Behlül stated that his country is one of the 7 countries that produce the most crypto money in the world, along with China, Russia, USA, Kazakhstan, Canada and Iceland, due to discounted electricity tariffs, and said that this causes high consumption of electricity energy.
Explaining that they have confiscated 196,233 unauthorized crypto money production devices in Iran so far, Behlül stated that the electricity consumption of these devices is more than 570 megawatts and an 800 megawatt power plant should be established to meet this.
Behlül stated that the electricity consumed for the production of a bitcoin corresponds to the electricity consumed by 35 thousand households, and asked the public to notify the centers where unauthorized crypto money is produced.
Due to the mass power cuts in Iran, Bitcoin mining activities in the country were suspended on the order of President Hassan Rouhani on May 26. The ban on Bitcoin mining will last until September 22.
In a statement on June 8, Rouhani called for the legalization of cryptocurrency activities in the country and the necessary steps to be taken to ensure that the capital of citizens investing in this space is protected.