Industrial power plants received official permission from the Iranian authorities to mine the first cryptocurrency, subject to several conditions. In particular, such enterprises are now prohibited from using government subsidies, and an appropriate license is required for the extraction of digital tools.
The deputy head of the Iranian energy company Tavanir, Mostafa Rajabi Mashhadi, said that now uninterrupted energy supplies are of particular importance for Iranians, so the authorities intend to establish strict control over the consumption of resources intended primarily for the agricultural and industrial sectors, and not for mining cryptocurrencies while their prices are at the peak.
It should be noted that earlier Tavanir promised to reduce the cost of resources for market participants working legally. It is already known that after the announcement, 14 mining farms officially expressed their desire to register.
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