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Iran Issues License for Nation’s Biggest Bitcoin Mining Operation
5.5.2020
A Turkish firm has been granted a license to operate a data center with up to 6,000 bitcoin mining machines
Iran Licenses $7.3 Million Bitcoin Mining Enterprise, Move Aimed at Easing U.S. Sanctions
5.5.2020
Iran has issued a bitcoin mining license to Iminer, a Turkish-based company. Iminer will operate up to 6,000 rigs, with a computing power of 96,000 terahash per second (TH/s) in total. According to media reports, the miner has spent $7.3 million setting up the mining facility, located...
Iran Ditches the Rial Amid Hyperinflation as LocalBitcoins Seem to Trade Near $35K
4.5.2020
Iran’s parliament votes to institute a new currency as coronavirus and sanctions hyperinflate the rial and local Bitcoin prices skyrocket relative to official exchanges
Bitcoin in Emerging Markets: The Middle East
4.5.2020
Regions with weak states and educated diasporas are seeing a rising demand for cryptocurrencies, stablecoins and decentralized applications
Iranian Authorizes Issue License for 6000-Rig Crypto Farm
4.5.2020
Iran’s Ministry of Industry, Mining and Trade issued a license to Turkey-based company iMiner for operating in the province of Semnan
Petro-Dollar System Crumbles: US Dollar Could Collapse from the World’s Oil Wars
22.4.2020
During the last few days, people witnessed history when the price of crude oil dropped below zero to -$40 per barrel, and as time passes many analysts think the worst is yet to come. After West Texas Intermediate (WTI) oil-based contracts dried up for May, contracts for June collapsed by 45%....
Unofficial Iranian Telegram Applications Leak Data of 42M Users
31.3.2020
Data of 42 million Iranians using unofficial Telegram messengers got publicly exposed online
How Bitcoin’s Price Slump Is Changing the Geography of Mining
30.3.2020
Although China remains the leading region for bitcoin mining, the coronavirus downturn is changing the picture in other geographies
US Sanctions Strategy and Crypto: The Cracks Are Showing in Iran
15.3.2020
The U.S. Treasury is working to enforce sanctions in crypto but economic war risks isolating the country
Despite Bitcoin Price Dips, Crypto Is a Safe Haven in the Middle East
13.3.2020
Bitcoin fell 40 percent this week from coronavirus shocks, but it's still seen as a safe haven in the Middle East
Why Energy Experts Are Watching Crypto as Oil Wars Emerge
11.3.2020
Energy experts say incumbents are complacent about the dominance of the U.S. dollar in oil markets while China and Russia may try to force change
What the Oil Market Says About Bitcoin’s ‘Safe Haven’ Status
9.3.2020
“I don’t think any asset is safe right now – except cash, US dollars.”
Bitcoin.com Local Gathers Steam as Other P2P Markets Falter
7.3.2020
The bitcoin marketplace Localbitcoins was once the most popular peer-to-peer (P2P) trading platform. But during the last few years, the company’s trading requirements and KYC implementation have caused an influx of traders to migrate to different P2P crypto markets. The mass departure...
Yemen’s Civil War Shows the Dangers of Crypto
28.2.2020
The ongoing civil war in Yemen highlights the contradictions underlying bitcoin adoption
Iranian General Calls for use of Crypto to Evade Sanctions
27.2.2020
Speaking from Iran on Wednesday, a top Iranian General has called for more sophisticated methods to evade sanctions, including the use of cryptocurrency
Iranian General Advocates Crypto Use for Skirting Sanctions: Report
27.2.2020
Iranian general Saeed Mohammed is calling for the use of crypto to help Iran evade sanctions designed to isolate it from the global financial system, according to Coinit.ir
Bitcoin News Roundup for Feb. 14, 2020
14.2.2020
With bitcoin holding above $10,000, we're joined by CoinDesk senior reporter Leigh Cuen to discuss developments and implications in the case alleged against Larry Dean Harmon
Iran Concerns May Be Driving Trump Administration’s Talk of New Crypto Rules
13.2.2020
Tensions with Iran may be behind U.S. Treasury Secretary Steven Mnuchin’s cryptocurrency compliance comments on Wednesday
3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners
12.2.2020
As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in Central Asia and more specifically in Kazakhstan and Uzbekistan. Last spring, Chinese bitcoin mining operations flocked to Iran for extremely affordable...
Iran Issues Over 1,000 Licences for Crypto Mining + More News
27.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Mining news
The Iranian Ministry of Industries, Mining and Trade has issued more than 1,000 licenses for cryptocurrency mining...