Iran Reports Crypto Mining Contributes 15-20% to Electricity Deficit

Iran faces frequent power cuts exacerbated by summer heat and a significant electricity deficit. Mohammad Allahdad, deputy director of Tavanir, reported that cryptocurrency mining accounts for 15–20% of this deficit, consuming nearly 2,000 MW, equivalent to the output of two Bushehr nuclear reactors.

Key points include:

Crypto mining represents about 5% of Iran's total electricity consumption.
Mining operations contribute to voltage drops, fuse failures, and fire risks linked to intense heat from devices.
Nationwide demand for electricity has exceeded 70,000 MW due to air conditioning and agriculture.
A blackout revealed over 900,000 illegal mining devices, resulting in a power consumption drop of 2,400 MW.
Illegal mining is considered a national security issue, often occurring in abandoned or industrial properties.
Tavanir has seized over 240,000 mining devices since last year and offers rewards for reporting illegal operations.
The situation has intensified following conflicts with Israel, impacting infrastructure and energy supply.

Authorities emphasize the need for public cooperation to combat illegal mining while managing rising domestic energy use.