Market Cap
24h Vol
5703
Cryptocurrencies
53.77%
Bitcoin Share

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.


script type="text/javascript"> atOptions = { 'key' : '2a29386f0570b10dd6817f8b71218348', 'format' : 'iframe', 'height' : 250, 'width' : 300, 'params' : {} }; document.write('');
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.