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Iran’s smog, blackouts made worse by power-sapping crypto mining

Outages have been compounded by cryptocurrency mining, which uses banks of high-powered computers. Cities across Iran have been cloaked in thick layers of toxic smog and darkened by blackouts, as the alleged use of low-quality fuel and power-sucking cryptocurrency mining deepen the country’s hardships. Tehran’s Hamshahri newspaper, the country’s most-read daily, ran the headline, “20 Days Living in Smoke,” on Wednesday over a photo of the capital covered in smog. Power plants have been forced to switch to burning low-grade fuel oils to generate electricity because high levels of domestic consumption have led to natural-gas shortages, the semi-official Iranian Students’ News Agency reported. Oil Minister Bijan Namdar Zanganeh denied earlier this week that any of Iran’s power stations are us...

Iran says ready to pay compensations in crashed Ukrainian plane case

Iran is ready to pay compensations pertaining to the Ukrainian passenger plane that crashed in Iran’s airspace in January, head of Iran’s Civil Aviation Organisation told official IRNA news agency on Saturday. Touraj Zangeneh made the remarks ahead of a new round of talks between the two countries’ aviation officials to be held in October in Tehran. “What is evident is that Iran has accepted the responsibility for its mistake and therefore the country is ready for negotiations on paying full compensation for what has been done,” Zangeneh was quoted as saying. “Compensations will be paid within international laws and without discrimination,” he said, adding that “it will include any group that has been affected in the incident.” The Ukraine passenger plane was hit by Iranian missiles after ...