Just think what a great decision Iran made. Having legalized mining, the country has created best conditions for large miners, because now it is safe for them. Perhaps the electricity fee will not be the most profitable but the police will never break your home to arrest mining farm
What is your opinion about that?
Today more and more Iranians are starting to switch to cryptocurrency, specifically bitcoin. The Iranian government has completed a cryptocurrency mining legalized in the country after months of speculation that the opposition would categorize it as illegal. As expected, the price of Bitcoin has increased rapidly on all platforms in this country after this announcement. This only proves that there are positive comments about the industry having a direct value on cryptocurrency in the world. According to IBENA, local news agencies closely related to the Central Bank Ira, the Highest Cyberspace Council in the country are associated with an estimated cryptocurrency mining for economic purposes and each individual or companies that have the ability to be involved in this business can be done in this country. This is good news for not only crypto investors based in Iran but also the industry in general because this shows that most countries do not support this technology. In the past, some investors in that country accessed their accounts on several platforms that used Binance besides using Virtual Private Networks also called VPN.