Cryptocurrency Mining Will Resume in Iran

Cryptocurrency mining will resume in Iran. The country had stopped mining until September 22.

Cryptocurrency mining, which was stopped by the state until September 22 with the ban in May due to power cuts in Iran, will start once again in the country. The statement and reminder was made by the electricity generation and distribution company, Tazer, which is the authorized institution of the state. Mostafa Rajabi Mashhadi, speaking on behalf of the Electricity Production and Distribution Company in Iran, which is one of the countries where cryptocurrency mining is subject to state licenses and regulations are strictly enforced, said that they think that energy consumption will decrease as the summer months come to an end, and that official 'digital currency' mining has started again. stated that they hope it will start as stated. In June, the Ministry of Mining, Trade and Industry licensed 30 cryptocurrency mining facilities in the country. The state of Semnan was the state with the most licenses, with 6 licensed cryptocurrency mining facilities.