Iran International:

Iranian energy officials have sounded the alarm over the impact of cryptocurrency mining on the national electricity grid, saying that crypto mining now accounts for as much as 15 to 20 percent of Iran's electricity imbalance.

According to Mohammad Allahdad, deputy director of power generation, transmission and distribution of Iran’s power company (known as Tavanir), crypto mining operations are responsible for consuming nearly 2,000 megawatts (MW) of electricity — roughly the output of two Bushehr nuclear reactors.

“While this represents around 5% of total electricity consumption, it accounts for up to 20% of the current power deficit,” Allahdad said on Monday, calling the figure significant and alarming.

During a recent internet outage linked to the conflict with Israel, power consumption nationwide dropped by 2,400 MW, which Tavanir attributes to the shutdown of over 900,000 crypto mining devices operating illegally -- further validating the scale of their impact.

Allahdad’s remarks come amid growing concerns over blackouts, infrastructure strain, and public discontent during the country’s sweltering summer months when electricity demand peaks. As Iran faces blistering summer temperatures, electricity demand from air conditioners, agriculture, and industrial production surges.

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