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OVER 95% OF CRYPTO MINING MACHINES IN IRAN ARE ILLEGAL - REPORT- Officials estimate that over 95% of Iran’s 427,000 active mining rigs are running without government approval, according to Wanaen.- Akbar Hasan Beklou, CEO of Tehran Province Electricity Distribution Company, said the situation has turned Iran into a “paradise for illegal miners.”- Subsidized electricity prices have made mining highly profitable — but at a huge cost to the national grid.- Per reports, unauthorized miners consume more than 1,4 ...