Gas Price for Cryptomining Almost Doubled, NIGC Say

EghtesadOnline: The National Iranian Gas Company (NIGC) has informed cryptocurrency miners about a rise in natural gas prices for the current fiscal year (started in March 2022).

News ID: ۷۵۱۹۶۰

02 November 2022

As per the decision, each cubic meter of gas will cost 53,268 rials for cryptominers -- 23,928 rials higher than last year's price of 29,440 rials, Peyvast Magazine reported.

The NIGC added that the new rates are retroactive and cryptomining bills for the past six months will be based on these rates.