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
Read morePersian Gulf Island to Become Crypto Exchange Hub, Iran Minister Proposes
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
Read moreIran Seizes 3,000 Crypto Mining Devices in a Week
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
Read moreGovernment Cannot Stand in the Way of Crypto Technologies, Iran Minister Says
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
Read moreIran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption
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
Read moreCrypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran
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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