Iran reintroduces temporary mining ban – Bits Media

Iranian Generation Company, The distribution and delivery of electricity Tavanir once again issued a temporary ban on cryptocurrency mining for licensed mining companies.

As reported by the Financial Tribune, related ban, As before, from the need to save energy. During winter in Iran, electricity consumption increases and, to ensure energy supplies remain stable, it is necessary to reduce its consumption. Miners will be the first to be banned.

“The Ministry of Energy has taken measures since last month to reduce the use of liquid fuels at power plants, including, a ban has been issued on the supply of electricity to licensed mining farms", – Tavanir official representative Mostafa Rajabi Mashhadi emphasized (Mostafa Rajabi Mashhadi) in an interview on the local channel IRIB.

Operating a legal mining farm in Iran is quite difficult - due to the lack of electricity, mining bans in the country are issued frequently and for a long period of time. So, in May of this year, Iranian President Hassan Rouhani approved a ban on cryptocurrency mining until 22 september. The ban was lifted even later - 30 september.