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Iran resumes crypto mining, but only licenses mines powered by renewable energy

Iran resumes crypto mining, but only licenses mines powered by renewable energy

2022/3/11

Iran has reportedly announced the approval of crypto mining, but only under strict conditions. According to Iran's Ministry of Industry, Mines and Trade (MIMT), the new licenses will only be issued to mines powered by renewable energy. In addition, the ministry said the only way to prevent illegal mining operations is to supply energy from other sources and make those sources legal. But there is no mention of what those sources are. Previously, in December last year, Iran announced that it would ban crypto mining until March 6, 2022, to save electricity.

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