Iran

The next hotspots for bitcoin mining

Bitcoin Magazine’s Week in Review for week of September 21st, 2019

Iran’s local cryptocurrency community welcomes the legitimization of mining as an industry but feels that miners aren’t being treated fairly.

New research from Gate Trade surveyed more than 1,500 Iranian bitcoiners and gleaned insight into their earnings, obstacles and interest in mining.

Cryptocurrency mining is finally an industry in Iran, but there are simply too many caveats.

In the face of sanctions, a grassroots relief effort has turned to bitcoin to help hundreds of thousands of Iranians affected by flooding this year.

After much deliberation, the Economic Commission of the Islamic Republic of Iran has submitted restrictions on energy costs for crypto miners.

Despite a looming crackdown from regulators, cheap energy in Iran has made it ideal for bitcoin mining.

The government in Iran is reportedly moving to authorize bitcoin mining but seems divided on the topic.

Chinese bitcoin miners have made requests through official channels to Iranian government, asking if they can leverage the country’s cheap power.