Iran Gives Cooling Information For Crypto Lovers,…

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1NEWS – The Iranian government has reversed its stance on digital asset mining in its country.

Iran provides cool info for crypto lovers.

Reporting from the co-investment page, after a 3-month ban, the billion-dollar United States (US) Bitcoin mining industry is now back in operation.

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However, the Iranian government only permits licensed crypto miners.

The ban was triggered by concerns over the stability of Iran’s unreliable power grid.

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Power outages were widespread in the summer, which were linked to the extreme heat.

Considering the weather in Iran is even almost 49 degrees Celsius

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Crypto mining is prohibited during the summer, to ensure electricity availability.

Watch this video:

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