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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Iran-Israel war: latest developments – AL-Monitor: The Middle Eastʼs leading independent news source since 2012
Israel and Iran are engaged in ongoing conflict, with Iran launching missile strikes that included a direct hit on Soroka Hospital in Beersheba, injuring at least 47 people. In retaliation, Israel targeted Iranian nuclear sites and the internet in Iran faced significant restrictions as tensions escalated, with U.S. President Trump considering military involvement and Iran's leader warning against U.S. intervention. Explain It To Me Like I'm 5: Israel and Iran are fighting, and Iran shot...
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