Financial Tribune - head of Iran Blockchain Community says imposing high tariffs on electricity consumption by cryptocurrency mining is actually pushing miners out of Iran and into neighboring countries waiting with open arms. Describing the governments decision as self-immolation, Sepehr Mohammadi said a large number of crypto investors have moved ...

Financial Tribune Although peak electricity demand hour growth soared by 5% on average between 2008 and 2018, the figure has barely risen by 1% in the past two months compared to the average of the last ten years, the Energy Ministry spokesman for the power department said Saturday. "Electricity tariffs are not high enough to compel heavy users ...

Tehran Times Iranian Energy Minister Reza Ardakanian said by applying consumption management programs the ministry has managed to reduce the summer peak electricity consumption by 3300 megawatts (MW), IRIB reported. This summer, about 3,300 MW of electricity was managed and this amount of saving prevented the constructing of a new 7,000-MW power ...

MNA An Iranian lawmaker called on the government to prepare and submit a bill on cryptocurrencies while reports indicate a surge in the countrys power consumption due to bitcoin mining. Unfortunately, there is no specific law to monitor activities around cryptocurrencies in the country and it is essential that the government prepares a specific ...

Financial Tribune - Higher electricity and water tariffs for consumers who exceed reasonable consumption limits is on the government agenda and the new rates should be finalized by end of the fall, the energy minister said. Speaking on the sidelines of the 18th Iran International Electricity Exhibition that opened in Tehran on Friday, Reza Ardakanian ...