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Tag: Islamic republic

Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital Currencies

June 27, 2021 wp-bot Bitcoin News

Iranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government

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Persian Gulf Island to Become Crypto Exchange Hub, Iran Minister Proposes

June 17, 2021 wp-bot Bitcoin News

Iran’s information technology minister has pitched the idea of transforming the Persian Gulf island of Kish into an international center for cryptocurrency exchanges. Iranian authorities

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Iran Seizes 3,000 Crypto Mining Devices in a Week

June 10, 2021 wp-bot Bitcoin News

Authorities in Iran have confiscated 3,000 units of mining hardware in just one week as part of a push to curb illegal crypto mining amid

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Government Cannot Stand in the Way of Crypto Technologies, Iran Minister Says

June 7, 2021 wp-bot Bitcoin News, Blockchain

New technologies, including blockchain and cryptocurrency mining, have helped Iran to increase budget receipts and withstand foreign sanctions, according to the country’s minister for economy

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Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption

May 23, 2021 wp-bot Bitcoin News

Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption

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Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran

May 17, 2021 wp-bot Bitcoin News

Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country is experiencing shortages due to

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Blockchain
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