[ad_1]
Despite a blanket ban resulting from blackouts caused by a lack of rain, Iran’s Ministry of Industry, Mines and Trade has exempted a number of crypto mining farms across the country.
According to a report released by the Financial Tribune on Wednesday, the ministry allowed 30 crypto mining farms to operate after issuing licenses.
Six permits were distributed in Semnan province while Alborz province, located just outside the country’s capital, received four. The provinces of Mazandaran, East Azerbaijan and Zanjan also received four licenses.
Tehran province, which is home to the country’s capital and the center of political power, has received only one license for mining in that province.
In May, the country’s president, Hassan Rouhani, said cryptocurrency mining operations were to cease until September 22 due to the strain they place on the national electricity grid due to an unusually summer. hot.
Also in May, the Central Bank of Iran decided to ban the trading of certain cryptos considered to be mined outside the country in an attempt to prevent the flight of capital outside its borders.
[ad_2]
picture credit