News Iran has been clamping down on mining farms, but it also wants to use crypto mining to boost the sanctioned nation's revenue stream.
Tag: iran
Feb 13 2021
Jan 28 2021
Jan 18 2021
Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations
□ Jan 18 2021 □
Published
at CoinDesk
under tags
bitcoin mining
coinflash
iran
news
policy & regulation
The mostly ASIC devices used to mine bitcoin are said to have been consuming 95 megawatts per hour of electricity at a reduced rate.
Jan 07 2021
Jan 06 2021
Nov 11 2020
Nov 04 2020
Is Iran Becoming A Bitcoin Nation?
□ Nov 04 2020 □
Published
at Bitcoin Magazine
under tags
adoption
hyperinflation
iran
mining
regulation
Late last month, Iran Daily, the official newspaper of the country’s government, reported that the administration had amended its cryptocurrency legislation to make digital assets “exclusively used for funding imports at a time of increased pressure on the country’s normal use of hard currencies.” In practice, this means that bitcoin and other cryptocurrencies that are mined officially under...