Post
Topic
Board Bitcoin Discussion
Re: Buying and selling bitcoins in Iran
by
riiiiising
on 14/05/2021, 13:29:48 UTC
As you know, most countries in the Persian Gulf have accepted bitcoin and the world of digital currencies, and in addition to oil, which is their most important asset, they can make a large share for themselves by mining bitcoin.



But in a strange move, Iran has closed the payment gateways of all exchange offices that operated in Iran and treated them like swindlers.
also the owners of digital currency mining machines are guilty and will be dealt with severely.

What could be the reason for all this government pressure on people not to mining bitcoins?

I think Iran had in mind that they are in full control knowing who is mining with what hash rate at what time. They have limited power resources and gave out certificates to a number of organizations (don't remember) that were allowed to min Bitcoin with a certain hash rate limit. Then some companies and individuals started shadow mining and they ran into power shortages. That is why Iran government intervened.