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As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in Central Asia and more specifically in Kazakhstan and Uzbekistan. Last spring, Chinese bitcoin mining operations flocked to Iran for extremely affordable electric prices ($0.006 per kilowatt-hour) in the oil-rich nation, … Read more
Iranian trade and mining authorities have issued over 1,000 licenses for cryptocurrency mining so far Go to Source Powered by WPeMatico
The Iranian government has reportedly issued more than 1,000 licenses for cryptocurrency mining since it began regulating the industry. A number of large mining farms have set up in the country, but high electricity tariffs have kept many small investors away. Also read: Regulatory Roundup — New US Crypto Tax Bill, Central Banks Join Forces … Read more
Expert economist and award-winning professor analyzes the “Bitcoin as a safe haven” narrative in light of the U.S.-Iran conflict Go to Source Powered by WPeMatico
With cheap electricity and friendly regulation, is Central Asia the new promised land for crypto miners? Go to Source Powered by WPeMatico
As good as gold? Not so fast. “It appears a decent internet connection is crypto’s newest Achilles heel.” Go to Source Powered by WPeMatico
In this week’s Hodler’s Digest, good news for Telegram in its battle against the SEC, Bitcoin on the verge of breaking out, and a warning about new scam adverts Go to Source Powered by WPeMatico
The recent geopolitical turmoil between Iran and the United States seems to have pushed Bitcoin-related searches across the Middle Eastern nation to an all-time high Go to Source Powered by WPeMatico
Google search interest in both Bitcoin and its relationship to Iran has exploded this week, but analysts remain skeptical Go to Source Powered by WPeMatico
On January 6, digital currency markets saw decent gains as the entire crypto market capitalization surpassed the $200 billion mark at 3:50 p.m. EST. Since then most cryptocurrencies have tested heavy resistance and a slew of assets are being held back. Moreover, crypto trade volumes have increased significantly and there’s been roughly $83 billion in … Read more