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Iran 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 peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto miners burn much more energy. Licensed Crypto Miners Use 300 MW, […] дальше »

2021-5-23 07:00


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Iranian Government Places New Ban On Mining Bitcoin Within Households

Iran has become the latest country to ban Bitcoin mining, albeit for select people. Apparently, the Iranian government has decided to stop its citizens from mining Bitcoin in their homes. According to the government, household mining has been exerting too much pressure on the already burdened national electric grid. The Ministry of Energy has issued […] дальше »

2021-5-19 21:14


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Iran to Fine Crypto Miners Using Household Electricity

The Iranian government has introduced a new policy against cryptocurrency miners who use household electricity for their mining activities.  Iran to Crackdown on Illegal Mining Activities  According to Tehran Times on Sunday, (Amy 16, 2021), a spokesperson for Iran’s Ministry of Energy, Mostafa Rajabi Mashhadi, said that the government would impose a hefty fine onRead More дальше »

2021-5-18 12:00


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Restrictions on Crypto Trading to Deprive Nation of Opportunities, Iranian Fintechs Warn

Startups have spoken out against government attempts to curb the operations of crypto exchanges in Iran. Cryptocurrency trading is not illegal, Iranian fintechs insist, calling on lawmakers and regulators to develop rules that would allow the sanctioned country to continue to take advantage of decentralized money transfers. дальше »

2021-5-18 08:30


Iran Bans Trading Of Foreign-Mined Cryptocurrencies

According to a news report by Iran International, the Central Bank of Iran (CBI) has banned its citizens from trading bitcoin and other cryptocurrencies mined in foreign countries. Regulators Have Issued Thousands Of Licenses For Mining According to a tweet from news organization Iran International, Iran’s Central Bank announced a Cabinet decision on Wednesday requiring […] дальше »

2021-5-8 23:54


Iran's largest Bitcoin mining facility resumes operations after Chinese bailout

On one hand, the Bitcoin spot market has been witnessing a surge, while on the other, the mining industry in certain regions is being stifled. After remaining shut for four months, Iran's largest BitcThe post Iran's largest Bitcoin mining facility resumes operations after Chinese bailout appeared first on AMBCrypto. дальше »

2021-4-15 20:00


Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions

With the latest amendment to the legislation, Iran has become the first country to use cryptocurrencies at a state level for import funding. The Iranian Cabinet amended legislation to redirect digital currencies into the funding mechanism of the Central Bank of Iran (CBI) for imports, as per the report by the official The Islamic Republic […] The post Iran to Use Bitcoin for International Trade, Bypassing the Dollar Due to US Sanctions first appeared on BitcoinExchangeGuide. дальше »

2020-10-31 19:08


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Iran’s New Crypto Law Requires Miners to Sell Bitcoin Directly to Central Bank

Iran has reportedly revised the country’s cryptocurrency regulation to require licensed bitcoin miners to sell their coins directly to the central bank for use to fund imports. Iran’s Revised Crypto Law The Iranian government has amended its cryptocurrency regulation to enable the country’s central bank to fund imports with bitcoin legally mined in the country, […] The post Iran’s New Crypto Law Requires Miners to Sell Bitcoin Directly to Central Bank appeared first on Bitcoin News. дальше »

2020-10-30 16:55