Latest News for: Iran crypto

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Headlines in Iranian English Language dailies on July 4

Irna 04 Jul 2022
** IRAN DAILY ... -- Posters of Iran’s great playwrights’ works to be offered for first time as NFT. Posters of performances by great playwrights Hamid Samandarian, Rokneddin Khosravi, Sirus Shamlu, Manijeh Mahamedi, and Sohrab Salimi will soon be released in NFT format for the first time in Iran during an event titled, ‘Artaniom’ ... -- Iran Marks U.S.
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Eyes On POW: Biden Administration To Release Bitcoin Mining Report In Few Weeks

Bitcoinist 04 Jul 2022
The PoW mining sector is of interest to the Biden administration ... Samaras noted..It’s important if this is going to be part of our financial system in any meaningful way, that it’s developed responsibly and minimizes total emissions ... Related reading . Iran to Shut Down Crypto Mining Farms As Energy Crisis Deepens PoW Consumes A Lot Of Power ... Source.
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Chinese Messaging App WeChat Set To Ban All Accounts Associated With Crypto And NFTs

Bitcoinist 28 Jun 2022
The crypto industry has experienced a lot of turmoil since 2021 till date. There have been many calls for regulations, mining bans, crypto gain taxes, etc ... Before now, China was the hub of crypto mining ... Notably, the massive entrance into Iran and Kazakhstan made the countries embrace crypto more, although they placed some restrictions on miners.
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Here’s the latest chapter in Iran’s clampdown on crypto-miners

AMB Crypto 28 Jun 2022
The crypto-community of Iran has shared its opposition to the reinstated ...
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Mining Ban Sparks Negative Reactions From Iran’s Crypto Community

Bitcoin 27 Jun 2022
According to a report by the Iranian business news outlet Way2pay, stakeholders have objected to the move, insisting that it’s unwarranted and will hurt Iran’s crypto mining industry, as in 2021 ... Iran legalized crypto mining as an industrial activity in 2019.
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Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months

Bitcoin 26 Jun 2022
The government in Tehran is taking steps in preparation of the launch of Iran’s new digital currency, referred to as the crypto rial ... Do you think Iran will be able to launch the pilot of the crypto rial in the next two months? Share your expectations in the comments section below.
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WeChat Bans All Crypto-Related Content Following ToS Update

CryptoPotato 24 Jun 2022
The crackdowns ultimately led to all cryptocurrency mining being banned in China, with many miners moving to neighboring countries, Kazakhstan and Iran in particular. Both of these nations took advantage of the situation and facilitated the newly established crypto business endeavors, albeit with some restrictions.
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Iran to shut down Bitcoin miners as electricity demand spikes

Inside Bitcoins 21 Jun 2022
The upcoming summer season is set to increase electricity demand in Iran ... Iran set to cut off crypto miners. A report by Bloomberg said that a spokesperson from the Iran power industry, Mostafa Rajabi, had confirmed that the country would shut down all licensed crypto miners on June 22, 2022 ... Crypto mining in Iran.
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Iran to Shut Down Crypto Mining Farms As Energy Crisis Deepens

Bitcoinist 21 Jun 2022
During the previous two years, authorities in Iran have shut down around 6,914 unregistered crypto companies ... industry, stated that energy to all 118 authorized crypto mining facilities in Iran will be switched off on June 22 in anticipation of a seasonal increase in power demand.
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Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand

Bitcoin 21 Jun 2022
Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs ... Do you think power supply issues will continue to dog Iran’s crypto mining industry? Share your thoughts on the subject in the comments section below.
photo: Creative Commons / Pixabay/Eivind Pedersen
Bitcoin (BTC) is a consensus network that enables a new payment system and a completely digital currency, April 17, 2018.
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Iran Bitcoin miners go offline amid electricity demand surge

The New Arab 21 Jun 2022
It is not clear how long the ban on crypto mining will last but one in 2011 following blackouts in Iran lasted for four months from late May until September ... Cryptocurrency mining was legalised in Iran in 2019 with miners required to sell to the central bank. Iran has used ...
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Why This Bitcoin Miner Giant Sold 3,000 BTC Over The Past Week

Bitcoinist 21 Jun 2022
This has forced BTC miners to reduce their inventories, which could lead to constant selling pressure on the crypto market and reduce their leverage positions ... Iran to Shut Down Crypto Mining Farms As Energy Crisis Deepens ... An Industry Maturing, Can Bitcoin Miner Survive The Crypto Winter?.
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Iran cuts electricity to licensed crypto miners: Bloomberg

The Block 20 Jun 2022
Iran will cut electric power to all its 118 legal crypto mining centers this month as the country faces increased energy demand ... Iran's relationship with crypto mining has been fraught ... According to studies, Iran has also used crypto mining to lessen the impact of sanctions levelled upon the country.
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Iran to Shut Off Electricity Supply to Licensed Crypto Miners

Crypto Economy 20 Jun 2022
Amidst a massive energy crunch, the Islamic Republic of Iran, will be cutting off power supply to all of its 118 legal crypto mining centers from June 22, 2022 ... With the number of illegal crypto mining operations still on the rise, Iran is currently mulling over increasing the penalties for unauthorised crypto mining operations.
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Iran Will Reportedly Cut Off Electricity to All Legal Crypto Miners

CryptoPotato 20 Jun 2022
The Middle Eastern nation has gone against licensed crypto miners and will shut down all 118 legal ones in two days, according to a recent report ... Iran allowed certain crypto miners to operate legally in 2020 and has since seized countless rigs that lacked the necessary government-issued licenses.

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European Community / Thomas Kienzle
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