Iranian authorities have reportedly confiscated 7,000 Bitcoin [BTC] mining machines that were functioning illegally in the country. According to the state media, this happened to be Iran’s largest seizure of cryptocurrency mining machines to date. The machines were found in a deserted factory west of the capital Tehran. This comes in the backdrop of Bitcoin’s […]
iran cryptocurrency mining
Iran’s Licensed Cryptocurrency Miners To Aid Imports
Gone are the days when cryptocurrencies and especially Bitcoin was viewed as a mere darknet currency. The world seems to have realized the value of these assets and have become more accepting of the same. The Iranian government seems to be the latest country to exhibit its keenness towards crypto. Bitcoin Miners To Facilitate Imports […]
Crypto Mining Operations in Iran extend to Electric Power Plants
The Government of Iran has recently approved crypto mining operations by power plants in the country. According to reports, Mostafa Rajabi Mashhadi, who serves as Deputy Head of the Power Generation , Distribution and Transmission Company of the country, or Tavanir, has confirmed the approval as he addressed the IRNA on Monday 27 July. Iran […]