• 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
189
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
Share76Tweet47

Related Posts

ether steadies march 13 sec etf

Ether steadies on March 13 as SEC, ETF flows weigh

by shark
March 13, 2026
0

crypto price analysis March 13, 2026: Ether steadies as ETF flows and SEC actions shape tone; exchange data, including Binance,...

TRUMP Memecoin Hits Record Low as Insiders Dump $31.7M to Binance

by Akita Inu
March 13, 2026
0

TRUMP token team deposits 10M tokens worth $31.7M to Binance via BitGo wallets. Price crashes 96% from ATH to $2.73...

Coinbase logo and Bitcoin coin on institutional steps representing the Bitcoin de minimis tax exemption lobbying controversy

Armstrong Denies Coinbase Lobbied Against Bitcoin Tax Exemption

by Akita Inu
March 13, 2026
0

Coinbase CEO Brian Armstrong calls lobbying claims 'totally false' after Marty Bent alleges the exchange pushed to limit Bitcoin de...

sp 500 falls as yields jump

S&P 500 falls as yields jump after hot inflation

by shark
March 12, 2026
0

Data show a US stock market sell-off as yields rose after hot inflation, analysts cite macro and valuation; we explain...

oil price swings us net exporter

Oil price swings shift U.S. balance with net-exporter status

by shark
March 12, 2026
0

CRS, Goldman Sachs and Brookings data show higher oil prices shift income to producers, squeeze consumers and lift inflation, with...

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

  • XRP consolidates as triangle, Fib levels frame targets
  • Ether steadies on March 13 as SEC, ETF flows weigh
  • Gold trade draws scrutiny as refineries boost due diligence
  • TRUMP Memecoin Hits Record Low as Insiders Dump $31.7M to Binance
  • Armstrong Denies Coinbase Lobbied Against Bitcoin Tax Exemption
  • XRP longs build as open interest rises, NUPL flags caution
  • S&P 500 falls as yields jump after hot inflation
  • Oil price swings shift U.S. balance with net-exporter status
  • 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