#cloud mining
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Iran tightens crypto mining controls as energy grid faces strain
-tF0AX0qC.png "Iran tightens crypto mining controls as energy grid faces strain")
Iranian authorities have intensified a nationwide crackdown on unlicensed crypto mining, citing daily power losses of roughly 1.4–2.0 gigawatts and reporting large-scale seizures of illicit rigs that officials say are straining the grid. 
American authorities have charged Charles Parks III with fraud and money laundering related to his operation of illegally mining cryptocurrencies using cloud services. From January to August 2021, the suspect orchestrated a cryptojacking scheme, exploiting third-party computing resources and equipment to mine cryptocurrencies. 
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