• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Companies authorized to mine cryptocurrencies in Iran are staying asked to “stop” altogether

July 7, 2021
in Crypto News
0
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

Vice President Eshaq Jahangiri identified as on all cryptocurrency miners legally working in Iran to temporarily suspend operations to conserve nationwide electrical energy.

Related articles

What is money laundering?  “Money laundering” tricks used by criminals in cryptocurrencies and how to prevent them

What is cash laundering? “Money laundering” tricks applied by criminals in cryptocurrencies and how to stop them

November 27, 2023
Osmosis encountered a problem that caused the chain to stop working

Osmosis encountered a issue that brought about the chain to prevent doing work

November 26, 2023
Companies authorized to mine cryptocurrencies in Iran are staying asked to “stop” altogether

On July six, the Iranian Vice President, Mr. Eshaq Jahangiri, in a meeting with officials from the Ministry of Energy, explained that electrical energy restrictions for Iranians could proceed until finally early August, which is totally underway. in line with the cryptocurrency mining ban that the president of Iran previously issued.

Specifically, President Hassan Rouhani announced that cryptocurrency mining will be banned from May to mid-September 2021 to conserve electrical energy through the summer season months.

On 23 June, the Iranian Ministry of Industry, Mines and Trade gave the “green light” to thirty organizations to resume their mining actions. However, this after yet again impacts the nationwide grid technique. The Iranian Minister of Labor has also reported energy outages as miners proceed to mine cryptocurrencies.

That’s why Vice President Jahangiri identified as on all Bitcoin mining organizations to temporarily “shut down” so that Iran has ample energy to get by way of these summer season months.

“We will ensure that the electricity is not cut off in essential and important places. Even authorized miners must completely stop production ”. – announced the vice president Eshaq Jahangiri.

Cryptocurrency mining in basic and Bitcoin (BTC) in individual is an marketplace that has been legally made in Iran considering the fact that 2019. The prerequisite for working is that mining organizations should be licensed and regulated accordingly.

However, numerous of these “miners” in Iran operate unlicensed and negatively impact the nationwide electrical energy grid. Recently, Iran confiscated almost seven,000 units from unauthorized Bitcoin miners.

Synthetic currency 68

Maybe you are interested:

Join the chat group Coinlive Chats Now let us examine the scorching subjects of the DeFi market place with the Coinlive administrators !!!

.

[ad_2]

Tags: altogetheraskedauthorizedcompaniescryptocurrenciesGeneral NewsIranStop
Share76Tweet48

Related Posts

Binance Flash Crash Investigation and Response

Binance Investigates Flash Crash, Offers Compensation

by shark
February 1, 2026
0

Binance investigates a recent flash crash, compensates users, and outlines future protocols for enhanced operations.

Bitcoin Long-Term Holders Spend 370,000 BTC Monthly

Bitcoin Long-Term Holders Spend 370,000 BTC Monthly

by shark
January 31, 2026
0

Bitcoin long-term holders spent over 370,000 BTC monthly, impacting market dynamics and net supply.

Bitcoin Dips after $1.7B Liquidation Wave Hits Market

Bitcoin Dips after $1.7B Liquidation Wave Hits Market

by shark
January 31, 2026
0

Bitcoin plunges amid a $1.7 billion liquidation wave, impacting longs and market dynamics.

Trump Nominates Kevin Warsh as Federal Reserve Chair

Trump Nominates Kevin Warsh as Federal Reserve Chair

by shark
January 31, 2026
0

President Trump bypasses Kevin Hassett, nominates Kevin Warsh for Federal Reserve Chair.

Hong Kong's Stablecoin Ordinance: A New Era of Regulation

Hong Kong Implements New Stablecoin Licensing Regime

by shark
January 31, 2026
0

Hong Kong introduces stablecoin licensing under the Hong Kong Monetary Authority, targeting fiat-referenced stablecoins with stringent requirements.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Binance Investigates Flash Crash, Offers Compensation
  • Bitcoin Long-Term Holders Spend 370,000 BTC Monthly
  • BlockDAG’s 100x Equation Takes Center Stage Over BlockchainFX in 2026
  • Bitcoin Dips after $1.7B Liquidation Wave Hits Market
  • Trump Nominates Kevin Warsh as Federal Reserve Chair
  • Hong Kong Implements New Stablecoin Licensing Regime
  • Shiba Inu Price & Trump Coin News Face Technical Hurdles as ZKP Crypto Launches $5M Giveaway For 10 Winners
  • Bitcoin Drops Below $84K Amid Continued Market Uncertainty
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7