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❕NEWS Powerplants now authorised to mine bitcoin in Iran.

Casino / Exchange / Faucet / Bankroll Investments

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Mostafa Rajabi Mashhadi, the deputy head of power generation and transmission company of Iran (Tavanir) has confirmed the news that the Iranian government has given approval to grant licenses through the Ministry of mines and trade to power plants in Iran that meet up the requirements and follow approved tariffs set by Crypto currency mining centre.

Iran has subsidized electricity traffic to the miners to enable them mine effectively.
 

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I once posted a thread where miners pay very little, if I could still recall accurately it is between $0.01 to $0.1 per kilowatt electricity.
Yes. I also read some news where they pay that little. I think in Thailand or so. I am guessing the low electricity might be due to the government's backing.
 

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The Iran, Thailand and Russian government have officially legalized and back Crypto currencies so they provide necessary support because they will in turn generate revenue.
 

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Mostafa Rajabi Mashhadi, the deputy head of power generation and transmission company of Iran (Tavanir) has confirmed the news that the Iranian government has given approval to grant licenses through the Ministry of mines and trade to power plants in Iran that meet up the requirements and follow approved tariffs set by Crypto currency mining centre.

Iran has subsidized electricity traffic to the miners to enable them mine effectively.
Am glad to read this . I hope they will also try and check illegal miners that may sneak into Iran in order to enjoy this wonderful benefit of subsidised mining
 

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They are already making arrest of illegal miners, guess their security is still yet to be compromised so they easily track illegal miners .
 

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If this is the case , then it is a good move towards protecting the mining previllege from being abused by illegal miners .
Now is opportunity for Iran miners to make it from mining
 

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Those are good news, finally people will be allowed to mine without any issues or without being afraid to be caught, also they help the economy if they pay taxes
Is mining considered to be illegal in some areas? I would have believed that mining would be okay in states that allow crypto...
 

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well this is good news for both the miners and the government, and I think also to the blockchain community as we will have more miners transaction fees might get reduced
 

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Those are good news, finally people will be allowed to mine without any issues or without being afraid to be caught, also they help the economy if they pay taxes
I believe the will be paying tax since government has reduced the cost of electricity for them , which is usually one of the major challenges facing mining .
More over government approved it because they know that they will benefit from tax .
 

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It is better they pay tax and pay for license then mine in a convenient environment with stable power supply than to mine illegally and their business will be at risk.
 

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I believe the will be paying tax since government has reduced the cost of electricity for them , which is usually one of the major challenges facing mining .
More over government approved it because they know that they will benefit from tax .
That's even better, both of the sides will benefit from that, you work in peace and legal with no issues, and the governement benefits from your taxes
 

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The continuous rise in the Crypto currency activities in Russia despite the government initial order to prohibits it made the government to reserve it order and legalise it because they will make money from issuing of licences and the likes
 

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That's even better, both of the sides will benefit from that, you work in peace and legal with no issues, and the governement benefits from your taxes
Yea . government will never give their support to any business that they can gain from . I hope that the tax will also be moderate , so that the miners will enjoy maximum profit .
 

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If the have enough enough electricity to accommodate more miners they could less the tax to encourage more miners to get them more revenue to their purse.
 

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This will be a very good news to Indian miners , since the government won't disturb them and also they have reduced electricity cost . I believe they are going to make more gain with this improvement
 

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hope the government doesn't really overdo things like tax and stuffs so that the miners could operate for long and that would be good for everyone
 

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hope the government doesn't really overdo things like tax and stuffs so that the miners could operate for long and that would be good for everyone
taxes are more than fine, because you are still protected and working in a legal environment, just like any employee, of course the taxes will differ depending on your earnings
 
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