Iran seized nearly a thousand computers used to illegally mine Bitcoin

After detecting an unusual spike in energy consumption, Iranian authorities seized nearly a thousand computers being used to mine cryptocurrency, according to the country’s state media.Authorities discovered two bitcoin farms operating in abandoned factories in Yazd province, which caused a seven percent spike in the country’s power consumption this month. Iran’s central bank banned cryptocurrencies last year, citing concerns over money laundering. According to RadioFreeEurope,