News > China’s bitcoin mining fuels unfavorable views of Beijing to historic highs in Iran

China’s bitcoin mining fuels unfavorable views of Beijing to historic highs in Iran

The Siasat | 27/02/2021 10:42 PM | Click to read full article

Already suffering from economic woes and price hikes caused by the US sanctions and government mismanagement, the COVID-19 pandemic, the severe air pollution and now the blackouts, many people in Iran were outraged to learn that the Chinese are supposedly devouring the country’s electricity in their bitcoin mining farms, especially a big one in the city of Rafsanjan in Kerman province, southeast of Iran, reported Japan Times.

China comes to Iran to mine bitcoin, each of which is worth USD 40,000.