Crypto Miners And Power Plants In Iran Received Permission To Cooperate

The Iranian Government has given official permission for licensed mining centers to cooperate with power plants.

Crypto miners will pay the full cost

As a matter of fact, this kind of cooperation is allowed only in case of strict adherence to the established tariffs. That is, miners will not be able to use electricity subject to subsidies.

Statement by top official Mostafa Rajabi Mashhadi

"Now we’re in a situation where the supply of electricity is of great importance to the public. We will not allow anyone to misuse tariffs provided for the agricultural and industrial sectors” –  the energy spokesman said.

Iranian authorities vs miners

In November last year, the Iranian authorities introduced a ban on the mining of cryptocurrencies during peak hours. Besides, the Government introduced a reward for information about the illegal mining of cryptocurrencies - 10 million riyals ($237.5).