Iran Set to Create Special Electricity Tariffs for Bitcoin Mining

The Iranian government has come with a specialized electricity tariff pricing plan for bitcoin mining activities in the country. This solution likely solves the developing issue between crypto miners and Iranian authorities following the recent increase in mining activities in the country.

The move also presents another aspect the Tehran’s drive to regulate the burgeoning virtual currency industry. Crypto critics say mining activities consume far too much electricity despite the availability of evidence to the contrary.

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