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Iran seizes 7,000 cryptocurrency computer miners,

622Iranian police have seized 7,000 computer miners at an illegal cryptocurrency farm, their largest haul to date of the energyguzzling machines that have exacerbated power outages in Iran

Iran Bans Trading Of ForeignMined Bitcoin Bitcoin

57The rial, Irans fiat currency, has experienced severe depreciation recently, hitting a record low against the dollar in .Therefore, it seems reasonable that the CBI would act with protectionism on its currency and economy from a monetary standpoint.. Interestingly, the move makes it seems as if the CBI is treating bitcoin mining and trading as regular commodity activities.

Iran Reportedly Seizes 45K Bitcoin Mining Machines

118Authorities in Iran have seized tens of thousands of bitcoin mining machines that they claim have been using illegally subsidized electricity from staterun energy provider Tavanir. According to a

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Iran seizes 7,000 cryptocurrency computer miners,

622Iranian police have seized 7,000 computer miners at an illegal cryptocurrency farm, their largest haul to date of the energyguzzling machines that have exacerbated power outages in Iran

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Iran Is Using Bitcoin Mining To Lessen Effect Of

Iran is using Bitcoin mining to circumvent and lessen the effect of the economic sanctions that the U.S. and other countries have applied to the country since 2006, according to a new study by Elliptic, a blockchain analytics and financial crime compliance firm.

Iran Is Using Bitcoin Mining to Circumvent Sanctions

523Iran is using Bitcoin mining to circumvent and lessen the effect of the economic sanctions that the U.S. and other countries have applied to the country since 2006, according to a new study by


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Cryptocurrency Mining Banned in Iran as Blackouts

527Iranian President Hassan Rouhani has announced that cryptocurrency mining is banned in Iran, effective immediately. The ban, which will last until Sept. 22, is imposed as many cities in the

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Iran bans bitcoin mining as its cities suffer blackouts

527Iran's government says that 85% of bitcoin mining in the country is done illegally. The country of 82 million is home to 50 licensed mining farms, which use a


No Legal Bitcoin Mining in Iran Until Late September

Per the Iran Front Page, Iranian president Hassan Rouhani forbidden to mine digital currencies until late September, because it puts a massive burden on the national power grid. According to Bloomberg, the enddate is September 22. quot;The authorized mining of cryptocurrencies does not consume much electricity and needs just around 300 megawatts

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Bitcoin mining is helping Iran avoid US sanctions,

524A new study has found that Iran now accounts for 4.5 per cent of the worlds bitcoin mining and that the country is using the technology to generate hundreds of millions of dollars in

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