Iran introduces seasonal tariff cuts for white miners

Iran's Tavanir Energy Company Receives Government Approval to Offer Seasonal Discountsminers who have received a state license. In the summer, the country raises the cost of electricity 4 times, but cryptocurrency mining mines will receive a 47% discount.

Iran seeks to compensate in this waysummer decline in budget revenues from mining, most farms are owned by Chinese businessmen who turn off installations for the "rainy season".

Heavy rainfall in the subtropical provinces of Chinalead to minimal electricity prices, giving rise to sustainable mining tourism. The Iranian discount will ensure stable prices and guarantee the stable operation of farms. Miners get a discount on the obligation to choose a certain amount of energy.

Flexible pricing will also resolve the issue.competition with neighboring countries - Kazakhstan, Uzbekistan and Kyrgyzstan, which are actively working to attract mining Bitcoin farms. Countries legalizing mining and adopt a number of laws regulating the circulation of cryptocurrencies, which has already led to an increase in the number of mines.

Iran is becoming less attractive for thisbusiness due to the current US sanctions, which fall under mining on the territory of this country. For the same reason, the extraction of cryptocurrency is necessary for the Islamic Republic, which has to develop any sector of the economy during the period of total restrictions. The country has developed hydropower, capable of covering up to 50% of global Bitcoin mining.

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