Iran's Ministry of Commerce, Mines and Industry has denied claims that illegal cryptocurrency traders have caused an electricity shortage.

2021-9-2 13:17
share to
Scan QR code with WeChat

On September 2, Iran's Ministry of Commerce, Mines and Industry denied claims that persistent electricity shortages in Iran were a problem for illegal cryptocurrency workers. . The department believes the Tavanir state power company has estimated the impact of the power shortages on these people. Alireza Hadi, director of investments and planning at the education ministry, said the information Tavanir released appeared to be exaggerated. The health of illegal miners is below the 2,000 megawatts estimated by the power company. According to Hadi, the data provided by Tavanir is equivalent to the power consumption of 3 million mining equipment. According to previous data, the temporary ban on cryptocurrency mining in Iran will be lifted on September 22. (Bitcoin.com)

Next:
ASIC: The digital currency advertised by Australian banks is not good for pensions seeking access to cryptocurrency.
Golden Financial recently reported that the Australian Securities and Investments Commission (ASIC) has warned that the Bank of Australia (RBA) is unlikely to announce digital benefits for retirees that it wants to provide broader funding and exchange digital money all the time. . Access to crypto-currencies is more attractive. Now the pension industry has decided how to meet the needs of increasing investor investment in cryptocurrencies without any long term or negative impact on money risk. Jonathan Hatch, senior consultant and lawyer at the ASIC Innovation Center, said that if the goal of investing in pensions is to get more cash, digital benefits from Australian banks will create more jobs, which that will make the digital returns necessary for long term returns, and China's investment model still is, I have no doubts. Hatch explains how different cryptocurrencies have different commodities, and the crypto market presents significant opportunities and challenges. (Australia Financial Online_ACBNews)
2021-9-2 13:09