Iran shuts down 1,620 illegal mining farms
Iranian authorities closed 1,620 illegal cryptocurrency mining centers, which together consumed 250 MW of capacity, according to Financial Tribune.
Iran shuts down 1,620 illegal mining farms
Iranian authorities closed 1,620 illegal cryptocurrency mining centers, which together consumed 250 MW of capacity, according to Financial Tribune.
Media: Iran to pay for imports with bitcoins mined domestically
The Iranian government has approved a mechanism for paying for imports with bitcoins received by the central bank that were mined by local miners, as reported by TrustNodes citing IRNA.
Iran proposes paying for imported cars with cryptocurrency.
Gholam-Hossein Mozafari, managing director of the Kish Free Zone Organization (KFZO), proposed paying for imports of vehicles in cryptocurrency. ArzDigital reported this.
Iranian authorities shut down 1,100 illegal bitcoin farms
Iran's national energy holding company Tavanir suspended operations at 1,100 mining farms whose owners did not apply for a cryptocurrency mining licence. Sources within the agency received 100 million rials ($2,400) as a reward. The Financial Tribune, citing local media, reports this.
Iran Allows Power Plants to Work with Cryptocurrency Miners
Power plants in Iran have been allowed to work with Bitcoin mining centers and other cryptocurrencies, provided they hold a licence and 'comply with established tariffs', said Mostafa Rajabi Mashhadi, deputy managing director of the national energy holding company Tavanir.
Global Political Game and Bitcoin Price
In the crypto community and the society at large, there has been a long-running debate pertaining to whether Bitcoin can be defined as a protective asset along with gold, Japanese yen, Swiss franc, and U.S. government bonds. Some experts insist that the unique properties of the first cryptocurrency make it a safe haven for periods […]
Iran is Pushing Ahead with Creating State-Backed Cryptocurrency
Iran’s plans to create a national digital currency took a significant step closer to realization after the country’s National Cyberspace Center revealed that the draft of the state-backed cryptocurrency project is now ready.We use cookies to improve the quality of our service.
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