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Power Plants in Iran Are Authorized to Mine Bitcoin
29.7.2020
Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary...
Report Cuts China’s Bitcoin Mining Capacity to 50% of World Total, Raises US’ to 14%
18.7.2020
A new report by crypto research company Bitooda claims that China accounts for only 50% of global Bitcoin mining capacity, and the U.S. 14%. The data is in sharp contrast with earlier findings from the University of Cambridge Centre for Alternative Finance (CCAF), which put China’s share...
Iran Licenses 14 Bitcoin Mining Farms, Cuts Electricity Tariff up to 47% for Miners
14.7.2020
Iran has reportedly issued permits for 14 bitcoin mining farms and will cut up to 47% off of the electricity tariff in order to support authorized cryptocurrency mining centers. Crypto miners will soon have to register with the government. Iran Licenses More Crypto Mining Farms The Islamic Republic...
Iran Gives Crypto Miners One Month to Register With the State
6.7.2020
The government wants to "eliminate the confusion of cryptocurrency activists" with its call for mass mining registration
Max Keiser: US Hash Rate War With Iran Can Send Bitcoin Price to $500K
30.6.2020
The “Mona Lisa of the 21st century” will come of age as Trump competes with Maduro and Ayatollah Khomeini for Bitcoin hash rate, Keiser says
Chinese Police Investigate ‘Exit Scam’ by Iranian Crypto Exchange
18.6.2020
Reports indicate the Iranian-based crypto exchange ‘Bitisis’ is actually a Ponzi scheme that has attempted an exit scam
The Truth About Bitcoin and Hezbollah in Lebanon
17.6.2020
Will Hezbollah in Lebanon use bitcoin? The data suggests terror activity is uncommon despite surging crypto popularity across the Middle East
Iranian Lawmaker Says Bitcoin Should Be Central Bank’s Turf
2.6.2020
An Iranian lawmaker wants his country’s central bank to take bitcoin seriously
Iranian President Calls for Launching a Cryptocurrency Mining Strategy
23.5.2020
Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s...
Iran’s President Asks Gov’t to Plan National Crypto Mining Strategy
22.5.2020
Iran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining strategy
Iranian President Calls for National Crypto Mining Strategy
21.5.2020
Iran's President has ordered officials to develop a new approach to cryptocurrency mining
Iran Moves to Restrict Crypto Exchanges Under ‘Currency Smuggling’ Laws
19.5.2020
Legislation proposed this week would make it increasingly difficult, and risky, for cryptocurrency exchanges to sell bitcoin in Iran
Iran Ditches Rial in Hyperinflation Crisis — Bitcoin Demand Rises
10.5.2020
Iran is set to redenominate its fiat currency, removing four zeros to create a new fiat called toman as demand for crypto is surging
Iran to Cut 4 Zeros From Its Currency Amid Chronic Inflation and US Sanctions
7.5.2020
Iranian lawmakers have reportedly approved a plan to slash four zeros from the national currency, the rial, which has been falling sharply in value amid chronic inflation and the U.S. sanctions. The official currency will also be replaced. Economists are skeptical about how the changes will affect...
3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet
7.5.2020
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting...
Chainalysis’ Crypto Crime Intelligence Briefs Cast Spotlight on North Korea and Iran
5.5.2020
New York-based blockchain intelligence firm Chainalysis has launched a new initiative to shed more light on the scope of its latest crypto crime analyses
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