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Iran bans crypto mining for four months amid frequent power cuts.

Iran bans crypto mining for four months amid frequent power cuts.


Chaintimes
2021-05-26 11:19:11

According to the Reuters report, Iran has banned the energy-intensive mining of cryptocurrencies such as Bitcoin for nearly four months, President Hassan Rouhani said on Wednesday, as the country faces major power blackouts in many cities. “The ban on the mining of cryptocurrencies is effective immediately until September 22 … Some 85% of the current […]Read full post Iran bans crypto mining for four months amid frequent power cuts. on Chaintimes.com.


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