Crypto Talks logo Crypto Talks logo
Cryptopolitan 2019-07-22 07:29:49

Crypto miners in Iran to face tariffs

Crypto miners in Iran have long been a pain in the neck for the Islamic country’s governing authorities. Last month, news reports arose that leading figures from the government had reprimanded crypto miners for boosting power consumption, pointing fingers at miners for a 7% electricity spike in the nation. Now, it seems the Central Asian country is finally ready to direct a response to its crypto mining problem. News reports from esteemed sources state that Iran’s Economic Commission has formulated a set of ‘power tariffs’ for crypto miners, founded on the same system of tariffs used for electricity imports. Apparently

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer