Iran is facing power blackouts due to a combination of factors, including cryptocurrency mining, as bitcoin’s value surges. The country’s economy, hobbled by international sanctions and mismanagement, has led to a decrease in fuel reserves and increased demand on the power grid. The government has cracked down on unauthorized mining operations, offering rewards for reporting unlicensed bitcoin farms, as the public blames the surge in mining for the ongoing blackouts.
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Former US House speaker Nancy Pelosi in hospital after injury on overseas trip
Former House Speaker Nancy Pelosi, 84, is in hospital after sustaining an unspecified injury during an official trip to Luxembourg. Pelosi, a Democrat representing California in the US House, was travelling with a bipartisan Congressional delegation to mark the 80th anniversary of the Battle of the Bulge. Despite her hospitalization, Pelosi continues to work and looks forward to returning home soon. Full Article
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