Tag: iran

Aug 23 2021

Iran To Lift Bitcoin Mining Ban In September

Aug 23 2021 Published at Bitcoin Magazine under tags  ban bitcoin mining business iran mining

The state agency responsible for power generation and distribution reportedly said restrictions on bitcoin mining would be lifted next month.The Ministry of Industries, Mining, and Trade will soon lift the restrictions on bitcoin mining imposed in May, reported the...

Jul 08 2021

Dear Iran: A Letter About Bitcoin

A country so troubled could benefit mightily from an early adoption of such a powerful technology.Dear Ebrahim Raisi,Congratulations on your victory in the presidential election. This election and your term as President will dictate the future of Iran. I am a citizen of Iran who has spent my life living in America, and I want to take this moment to discuss...

Jul 07 2021

Iran’s illegal Crypto Mining Problem Intensifies, Country Sees Widespread Protest

Iran’s power outage protests have gone rogue amid a severe heatwave in the nation. The capital, Tehran, and several other cities in the north of Iran face disrupted routine and shortage of necessities during the historic power cut throughout the nation. Pressurized authorities have blamed illegal Cryptocurrency mining farms, for using the remaining energy to The post Iran's illegal Crypto Mining Problem Intensifies,...

Jun 28 2021

Iran Issues 30 Licenses to Crypto Mining Firms

These firms are exempted from the ongoing crypto mining ban in the country.

May 26 2021

Iran Bans Bitcoin Mining Over Power Grid Concerns

Iran, which required bitcoin miners to obtain official authorization in the country, has now reportedly banned the practice.The government of Iran has announced a ban on bitcoin mining in the country until late September, according to Iran Front Page.This move, which was announced by the country's president,...

Iran Bans Cryptocurrency Mining during Summer Season

The country banned Bitcoin and crypto mining ahead of its peak electricity demand season.

Iran Bans Crypto Mining Until September Amid Blackouts

May 26 2021 Published at Coingape under tags  botcoin mining btcbrl btcbusd btcdai btceur

Iran has put a temporary ban on crypto mining in the country owing to a slew of blackouts in the region that has hampered many business operations. The temporary...

May 23 2021

Iran Is Using Bitcoin Mining To Lessen Effect Of Sanctions, New Study Reveals

May 23 2021 Published at Bitcoinist.com under tags  bitcoin mining bitcoin news btc iran

Iran is using Bitcoin mining to circumvent and lessen the effect of the economic sanctions that the U.S. and other countries have applied to the country since 2006, according to a new study by Elliptic, a blockchain analytics and financial crime compliance firm. 4.5% Of Bitcoin Mining Happen In Iran According to a new report from Elliptic, a blockchain research company, Iran is...

May 07 2021

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 Reportedly Bans Trading Of Bitcoin Mined Abroad

The Central Bank of Iran has reportedly banned its citizens from trading bitcoin mined outside of the country in an attempt to stop capital flight.According to an announcement shared by Iran International, the Central Bank of Iran (CBI) has banned its citizens from trading bitcoin and other cryptocurrencies mined in foreign countries...

Apr 27 2021

Iran Authorizes Use Of Officially Mined Cryptocurrency For Import Payments

Apr 27 2021 Published at Bitcoin Magazine under tags  culture iran

Iran has updated its rules on officially mined cryptocurrencies like bitcoin so they can be used more widely for import payments.The Central Bank of Iran has declared that licensed banks and moneychangers in the country can use cryptocurrency that has been mined by officially sanctioned miners to pay for imports, according to a report from the...

Feb 13 2021

ConsenSys Grants Help Iranian Women Learn Solidity

Feb 13 2021 Published at CoinDesk under tags  consensys iran markets tech

The Ethereum incubator's instructional program offers scholarships to help developers get started with coding in Solidity.

Jan 28 2021

Inside Iran’s Onslaught on Bitcoin Mining

Jan 28 2021 Published at CoinDesk under tags  global iran markets mining 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.

Jan 18 2021

Iran Reportedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations

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

Iran Launches Crackdown on Cryptocurrency Mining

The country has closed more than 1,600 unauthorized cryptocurrency mining farms.

Jan 06 2021

Iranian Authorities Close 1,620 Illegal Cryptocurrency Mining Farms: Report

Jan 06 2021 Published at CoinDesk under tags  bitcoin mining iran markets news tavanir

The illegal mining operations will be disconnected from the national power grid and the miners will face prosecution.

Nov 11 2020

Venezuela’s Bitcoin Story Puts It in a Category of One

Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP, according to CoinDesk Research data.

Nov 04 2020

Is Iran Becoming A Bitcoin Nation?

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...

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