Cryptocurrency Mining Decision in Iran: Confiscated Devices Released

A court in Iran has ordered the release of some cryptocurrency mining devices that have been confiscated by the authorities in the past.

Authorities in Iran have confiscated a lot of cryptocurrency mining equipment for various reasons over the past few years. However, a court in the country has ordered the release of some previously confiscated devices.

Iran’s Minister of Economic Affairs and Finance, Abdolmajid Eshtehadi, made the following statement:

“There are currently around 150,000 cryptomining equipment confiscated by OCSSOP. As a result of the court decision, these The majority of will be released. Some devices have already been returned.”

One of the reasons why the authorities in Iran confiscated these devices is, for electricity consumption in the country. were concerns.

The Minister of Economic Affairs and Finance thinks that these concerns may come up again with the release of these devices. Eshtehadi proposes that the state power company TAVANIR submit a proposal on how these devices can be used.

source site-9