Iran to Reallow Crypto Mining In September After Four-Month Blackout Ban

BeInCrypto –

The governmental agency in charge of power generation and distribution in Iran says that crypto mining operations will be able to function from Sept 22.

Iran’s government will lift the ban on cryptocurrency mining come Sept 22. The Iran Power Generation, Distribution, and Transmission Company (Tavanir) said that the power consumption strain will subside by then, and miners could thus resume their operations.

The Ministry of Industries, Mining, and Trade, under the directive of former President Hassan Rouhani, lifted the ban on the mining industry. It had initially been put in place to ease power consumption.

This story was seen first on BeInCrypto Join our Telegram Group and get trading signals, a free trading course and more stories like this on BeInCrypto

Leave a Reply

Your email address will not be published. Required fields are marked *