Iranian government is going to pass new regulations to increase the penalties for illegal cryptocurrency mining using subsidized electricity, an official with the country’s Power Generation.
News ID: 10656 Publish Date : 2022/04/17
The managing director of Iran’s Thermal Power Plants Holding Company (TPPH) has stated, “Based on the forecast, the country's electricity consumption will reach about 78,000 megawatts (MW) by the next five years, which according to the current amount of electricity generation, we will face a deficit of 18,000 MW in this field."
News ID: 10264 Publish Date : 2021/08/04
After years of mulling how to regulate the digital currency mining, the Iranian government has finally recognised it as an industrial activity. Its rules and regulations say how much electricity can the miners use.
News ID: 5848 Publish Date : 2019/08/08
The Islamic Republic of Iran Customs Administration (IRICA) has announced that clearing cryptocurrency mining systems and equipment requires necessary permits from the Ministry of Industry, Mining and Trade.
News ID: 5695 Publish Date : 2019/08/04
Iranian government, in a cabinet meeting on Sunday, approved cryptocurrency mining as an industrial activity, IRNA reported.
News ID: 5616 Publish Date : 2019/07/31
Iranian government’s economic committee on Sunday approved a mechanism for mining cryptocurrencies as Iran rushes to bring its growing mining farms in line with national laws, Mehr news agency reported.
News ID: 5404 Publish Date : 2019/07/22
Glencore in talks to sell Philippine copper smelting unit
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