[Iran has become the world's fourth-largest cryptocurrency mining hub, but illegal mining activities are rampant] Odaily Planet Daily News - Akbar Hasan Beklou, CEO of Tehran Province Electricity Distribution Company, stated that thanks to substantial electricity subsidies, Iran has become the world's fourth-largest cryptocurrency mining hub but has also turned into a 'paradise for illegal miners.' It is reported that Iran's cryptocurrency mining industry is facing a widespread illegal mining crisis. Of the country's 427,000 active mining devices, over 95% are operating without authorization, consuming more than 1,400 megawatts of electricity, which places immense pressure on the power grid and threatens the stability of electricity supply. (Wanaen)