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Coinnounce
2020-01-27 07:14:45

Iran’s low electricity costs propel the crypto mining industry.

The Iranian government has granted over 1000 licenses for cryptocurrency mining, according to the Financial Tribune report. Currently, several large crypto mining facilities are operating throughout Iran, but electricity cost has kept small players from entering the market.   “Crypto mining has the potential to add $8.5 billion to the economy.” Amir Hossein Saeedi Naeini, […]