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[SCAMEXPOSER]

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.

 

[Josemendez]

that's a lot better than paying a stable amount of taxes no matter how much you earn, because sometimes you won't be even able to pay what the taxes cost

True . I get your point now . for miners that mines little , it will be cheating to pay the same fee with those that mines much . they will lose more if this is the case .

 

[Wisdom01]

The government might place subsidy on electricity since it have a positive impact on the economy ,but wont it affect the country electricity supply since what happens to Venezuela

 

[microunit]

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

yep I know, just hoping that the government would not set the tax too high for these miners else they might stop again due to not much profit anymore

 

[Wisdom01]

If the taxes are too high ,the miners might use other means like solar power generation and others to mine the crypto they want to mine because the profit isnt that much

 

[BrolySSJ]

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.

I agree here. I think that a stable power supply is important for mining, and there are many countries that are prone to power cuts, and mining in a power station will eliminate this concern completely.

 

[Wisdom01]

Yeah there are also some countries that are not concerned about the miners in their country and they don't even have stable electricity , I think those country might have problem with electricity output

 

[Reznov]

If the taxes are too high ,the miners might use other means like solar power generation and others to mine the crypto they want to mine because the profit isnt that much

If they decided to use solar power, the prices of these will be increased as well, because they will have a purpose and the demand of them will be increased

 

[Wisdom01]

If they decided to use solar power, the prices of these will be increased as well, because they will have a purpose and the demand of them will be increased

The price will not increase if there are more competing producers of those solar panels and others ,also if there is a price control agency in the country to stop manufacturer from inflating unnecessary price

 

[BrolySSJ]

Solar power is much more expensive than the traditional fossil fuel powers, and in so doing, if there is the use of solar power it may make mining unprofitable actually. Especially with the halving event recently and the lower reward per block

 

[Ewogboka]

The hydro electricity power or fossil foil power generation are much cheaper than the solar power for projects like mining activities .

 

[Lobardi]

That's great that they are making use of their excess power in an combined and higher revenue and effective monetized method and solution that allows the economy to have a boost and makes the country have more revenue from the miners and the process keeps them on track to have more of the large Crypto reserves .

 

[a_jerobon]

I hope this has not led them to regret allowing cryptocurrency mining activities so far. So many countries are now complaining about the effects that the mining has. Which includes massive consumption of electrical energy and the environmental effects of the activities.