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2019-09-27 22:45:22

Miners active despite harsh Iranian cryptocurrency regulations

Iranian cryptocurrency regulations are very harsh for Bitcoin and other cryptocurrency miners and as of now, the Iranian government has been acting against the mining of cryptocurrencies for three months. Iranian cryptocurrency miners are working under the fear of regulations as the Iranian authorities are yet to approve mining licenses. Amidst such harsh Iranian cryptocurrency regulations, crypto miners have had their mining equipment sealed or taken away along with the proposals of hefty fines, while some may even be jailed. Harsh Iranian cryptocurrency regulations It has been estimated by local miners that the government may have taken away up to