Mining for Bitcoin may be contributing to “thick layers of toxic smog” and blackouts across many Iranian cities.
The push by many in Iran to establish the country as a mecca for crypto miners may be having some unintended environmental consequences.
According to a Bloomberg report, the energy requirements of Bitcoin (BTC) and crypto mining in Iran coupled with the demand for heat in an exceptionally cold winter have contributed to a natural gas shortage, forcing power plants to allegedly burn "low-grade fuel oils" to meet the country’s electrical needs.
