Iran lifts Crypto Mining ban

Uğur Bayram

Aug 22, 2021

As it is known, Iran had banned mining in recent months to reduce the load on the national electricity grid, and now it has lifted this ban, allowing mining to continue in September.

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As it is known, Iran had banned mining in recent months to reduce the load on the national electricity grid, and now it has lifted this ban, allowing mining to continue in September.
Distribution and transmission company Tazeir has announced that it will lift the ban on crypto mining.
As it is known, former president Hassan Rouhani had imposed a temporary ban on miners due to serious power cuts. On top of that, the removal of this ban was good news for miners.
Because the energy used by unlicensed crypto miners is so high, Tuvalir has started shutting down illegal crypto miners.
Crypto mining is thought to be very lucrative for Iran. And it is thought that the cryptocurrency could be used for commerce.

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