Cryptomining
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New Regulations for Authorizing Cryptomining Operations in Iran
EghtesadOnline: The government is working on a new bill, based on which those who use electricity for cryptomining without holding a valid license will have to pay fines five times higher than…
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New Rules for Cryptomining
EghtesadOnline: First Vice President Mohammad Mokhber on Sunday announced new rules for crypto assets, adding some detail to regulations approved in 2019.
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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).
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Crackdown on Unlawful Cryptomining Continues
EghtesadOnline: The crackdown on unauthorized cryptomining continues in Iran with 227 more devices confiscated in the past week.
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Illegal Cryptomining Could Impact Winter Power Supply
EghtesadOnline: Iran Power Generation, Distribution and Transmission Company, Tavanir, has warned about the possibility of power cuts in winter, considering the persisting pressure on the national…
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CEO Resigns After Illegal Cryptomining Operations Uncovered at TSE Premises
EghtesadOnline: The CEO of Tehran Stock Exchange Ali Sahraee submitted his resignation after unregistered cryptocurrency mining equipment was discovered in the TSE premises.
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Whistleblowers Report 20% of Illegal Cryptomining Locations
EghtesadOnline: Iran Power Generation, Distribution and Transmission Company (Tavanir) says whistleblowers helped in almost 20% of the total illegal cryptomining farm detections since the beginning…
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Utility Shuts More Illegal Cryptomining Centers
EghtesadOnline: Closing unauthorized cryptomining farms to prevent blackouts remains on the agenda of the Iran Power Generation, Distribution and Transmission Company (Tavanir) as demand for…
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Clampdown on Illegal Cryptomining Continues
EghtesadOnline: Iran Power Generation, Distribution and Transmission Company (Tavanir) shuts almost 50 illegal crypto farms every day as it tries to alleviate the worsening power shortages, the…
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30 Cryptomining Units Have License
EghtesadOnline: The Ministry of Industries, Mining and Trade has issued license for 30 cryptomining units, according to the figures published on ministry website.
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Cryptomining Shut Amid Summer Power Shortages
EghtesadOnline: In a bid to alleviate the power shortages that have led to rolling blackouts the Iran Power Generation, Distribution and Transmission Company (Tavanir) has told cryptomining units…
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Industries Ministry: Cryptomining Capacity Near $1.4b
EghtesadOnline: With estimated cryptomining capacity at $1.4 billion, Iran is among the top in the world, a senior Industries Ministry official said.
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Cryptomining Suspended for 2 Weeks to Save Power
EghtesadOnline: Iran Power Generation, Distribution and Transmission Company (Tavanir) has ordered licensed cryptocurrency mining farms to halt operations for two weeks to lessen power shortages…