Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy
Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed to Source Green Energy From Across Country Iran’s Ministry of Energy has changed certain crypto mining regulations to ease access to renewable power for entities authorized to mint digital currencies in the Islamic Republic. A recently issued decree relieves miners from the....
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Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the government asked mining companies to suspend activities in order to avoid winter blackouts. Crypto Miners in Iran to Mint Digital Coins Using Renewable Energy Regulated companies mining cryptocurrency in Iran will gain access to green energy, local media reported. The Ministry of Energy in Tehran has adopted new rules allowing plants generating electricity from renewable sources to supply coin minting enterprises that....
Strapped for international currencies, Iran is turning to cryptocurrency to allow imports to continue to flow.
Iran previously put a temporary blanket ban on crypto mining amid historically peak periods for power demand in summer. Amid Iran’s energy consumption increasing during the winter, local energy authorities have decided to halt operations of authorized cryptocurrency mining centers.Mostafa Rajabi Mashhadi, chairman of the board and managing director of Iran Grid Management Company (Tavanir), announced that Iran is shutting down crypto mining centers again to reduce liquid fuel consumption in power plants amid decreasing temperatures.Mashhadi said that Iranian authorities took this action to....
The company improves the performance of renewable energy facilities with bitcoin miners.
The new presidential decree published on April 27 will cause electricity prices pulled from the standard energy grid to increase by double. The Uzbekistan new law will support the use of solar power in order to shift crypto miners away from coal. It’s an exciting idea that could help kickstart renewable energy projects within the […]