Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Años

Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures

Iran Returns Seized Crypto Mining Equipment to Miners

A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed miners

Natural Gas Price Hike Hits Crypto Miners in Iran

Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a sharp increase in the price of the fuel. The new rates set by the state-run supplier are almost double the previous

Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy

Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates….

Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand

Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid on Wednesday, the Islamic Republics Ministry of Energy announced. Legal Crypto

Se acerca el número de granjas ilegales de criptominería reventadas en Irán 7,000

Las autoridades en Irán han cerrado cerca de 7,000 Instalaciones no autorizadas para la minería de criptomonedas en los últimos dos años., medios locales revelaron. De acuerdo con el reporte, la mayoría de las granjas ilegales de bitcoins se concentraban en cinco provincias de la República Islámica,…

Iran to Pilot ‘National Cryptocurrency,’ Considers Blockchain Tech for Stock Market

The Central Bank of Iran soon plans to launch the pilot phase of its digital currency project, an official unveiled. The Islamic Republic hopes to a join a growing club of nations that want to take advantage of having a sovereign

Hasta 12 Millones de iraníes poseen criptomoneda, Los comerciantes eligen intercambios locales

Cryptocurrencies are a popular investment among Iranians and estimates suggest that the number of those who already own one coin or another may be as high as 12 millón. The majority of Iranian traders prefer the services of local crypto exchanges,…

Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations

Members of the Iranian parliament, the Majlis, have voiced concerns over Tehrans restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption of

Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300

Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The countrys power utility company has so far closed down more than 5,300 illegal mining facilities, seizing an enormous amount of coin-minting machines. Power Utility