March 3, 2021

Iran Should Mine Crypto to Skirt Sanctions, Says President-Linked Think Tank

According to Iran Wire, the Iranian Presidential Center for Strategic Studies report says “cryptocurrency extraction” could provide economic benefits to several different sectors of the troubled […]
January 24, 2021

Amid blackouts and police raids, Iran weighs benefits of Bitcoin mining

As Cointelegraph reported, Iran joins Pakistan as a cryptocurrency superpower in the Middle East, owing in part due to cheap, heavily subsidized electricity prices, as well […]
January 18, 2021

Iran Allegedly Seizes 45K Bitcoin Mining Machines After Closure of Illegal Operations

According to a report by local media outlet Tasmin News Agency on Sunday, 45,000 mostly powerful application-specific integrated circuit (ASIC) machines were confiscated.  According to Tavanir’s […]
January 14, 2021

Crypto mining reportedly worsening air pollution in Iran

According to a Bloomberg report, the energy requirements of Bitcoin (BTC) and crypto mining in Iran coupled with the demand for heat in an exceptionally cold […]
December 7, 2020

Iranian and Turkish Companies are being paid by Venezuela in Bitcoin

With crypto prices already sky-high, it seems like the ruling Nicolás Maduro administration of Venezuela has been attempting to make hay while the sun shines and […]