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Billion-dollar Bitcoin mining industry resumes in Iran after three-month ban


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559698bc836be4174c42841b3c473303Cryptocurrency1 hour ago (Oct 02, 2021 02:40AM ET)

Billion-dollar Bitcoin mining industry resumes in Iran after three-month ban
© Reuters.

The Iranian government will allow licensed cryptocurrency miners to resume operations today following a three-month ban imposed by former President Hassan Rouhani on May 26, 2021.

The initial ban was put into effect due to concerns over the stability of the country’s unreliable power grid.

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