Mining Ban Sparks Negative Reactions From Iran’s Crypto Community – Mining Bitcoin News

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Mining Ban Sparks Negative Reactions From Iran’s Crypto Community – Mining Bitcoin News
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Seasonal mining ban in Iran provokes backlash from the local crypto community.

to unplug their equipment to help alleviate the shortages in the cold winter months, when demand of energy increases for heating purposes.

of the Cambridge Centre for Alternative Finance, effectively ousting Iran from the planet’s crypto mining industry. The similar events now have again provoked numerous reactions from the space and warnings that Iran is lagging behind its competitors.Some Iranians believe that removing the cryptocurrency miners from the equation would have little effect on the power supply as the legal mining facilities account for a relatively small share of the network’s load.

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