Iran Seizes 7,000 Mining Rigs Over Exacerbated Power Outages
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Iranian police have seized 7,000 mining rigs as the country suffers exacerbated power outages, Reuters reports. The raid follows Iran's ban of the cryptocurrency mining activities for four months (until September 22) as the country is struggling to reduce the incidence of power blackouts triggered — according to the local authorities — by the miners.

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According to Tehran police Head, General Hossein Rahimi, the 7,000 mining rigs were seized from an abandoned factory in the west of the capital. This is the largest haul so far.

China's Yunnan to Follow Other Regions in Crypto Mining Ban

iHodl earlier reported that the West Midlands Police uncovered a large cryptocurrency mining farm during an industrial raid. Te police initially expected to find a farm of cannabis, which is illegal in the United Kingdom. However, officers uncovered a cryptocurrency mining farm that was stealing"thousands of pounds worth of electricity from the mains supply."

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