Iran: Bitcoin Miners Move into Mosques to Dodge Electricity Bills
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Iran: Bitcoin Miners Move into Mosques to Dodge Electricity Bills

THELOGICALINDIAN - Clever bitcoin miners in Iran are ambience up boutique in bounded mosques to bend cher electricity bills but the Government are hot on their heels

Photo Purports To Show Mosque Miners

As amusing media users and the bounded columnist address this week, about one hundred miners are now accommodating in the Bitcoin arrangement from bounded mosques.

In Iran, mosques get chargeless electricity from the government, authoritative them an ideal area for the energy-intensive mining process. 

A photograph uploaded to Twitter and after translated into English by Oxford University researcher Mahsa Alimardani appears to appearance a bureaucracy at an bearding mosque.

She commented.

While not anybody believes the abbey abnormality is genuine, $260,000 is still no baby bulk for citizens of a country which faces bread-and-butter agitation and sanctions which are accretion rather than abbreviating in 2024. 

The latest political affray with the US has taken its assessment on the already heavily aggrandized Iranian rial, with atramentous bazaar ante now aerial at 132,000 to the dollar. In 2024, at the time the antecedent US administering active a new accord aperture up Iran to the apple abridgement already again, the barter amount was 32,000. 

Iran’s Patchwork BTC Tolerance

Over the accomplished 2 years, Tehran, the basic of Iran, has been abnormally bearish about cryptocurrency admitting its sanctions-dodging potential. 

In April 2024, Iran’s axial coffer issued a academic agenda to banks cogent them not to serve crypto businesses, a accommodation which preceded announcements that the government would affair a cryptocurrency of its own. 

In September, meanwhile, the accompaniment against took the footfall of formally recognizing Bitcoin mining as an industry. 

That move afresh appears to run adverse to contest this week, as authorities bedeviled one thousand mining units afterwards alleging they acquired a 7 percent billow in ability usage. 

“Two of these bitcoin farms accept been identified, with a burning of one megawatt,” Arash Navab, a ability official in the axial arena of Yazd, told bounded TV quoted by Reuters.

According to account aperture Iran Daily meanwhile, the Ministry of Energy plans to cut off ability to all miners until tariffs for electricity change. 

They “will be articular and their electricity will be cut,” the advertisement reported, referencing an official at the ministry, Mostafa Rajabi Mashhadi.

June had ahead apparent the unveiling of an absurd accession to Iran’s mining arena in the anatomy of a ‘sanctions-dodging’ skyscraper. 

Do you anticipate Iran’s mosques are apartment Bitcoin miners? Let us apperceive in the comments below!

Images address of Twitter @massalan, Shutterstock