But this time, government officials say that bitcoin mining at cryptocurrency farms — the energy-intensive business of using large collections of computers to verify digital coin transactions — is partly to blame. Iran’s state-owned electricity firm Tavanir announced Wednesday that it had shut down a large Chinese-Iranian-run cybercurrency center in the southeastern province of Kerman because of its heavy energy consumption. The company reportedly was licensed to operate under a process the government had put in place to regulate the industry.
But Iranians in the bitcoin industry reject the government’s accusations, saying the industry is being blamed for a broader problem.
“The miners have nothing to do with the blackouts,” Ziya Sadr, a cryptocurrency researcher in Tehran, told The Washington Post. “Mining is a very small percentage of the overall electricity capacity in Iran.”