Power Outages in Iran as China Extracts Its Bitcoins

In coordination with a ‘military institution’ in Iran, the Chinese use Iran’s low-price electricity to extract bitcoin while many Iranians suffer from power outages. While power outages have swept many Iranian urban and rural areas, reports indicate that China is extracting the digital currency Bitcoin at the Rafsanjan Special Economic Zone in Kerman province, southeastern … Continue reading Power Outages in Iran as China Extracts Its Bitcoins