CryptoMining: Cheap Electricity in Iran Attracts Massive Foreign Bitcoin Miners
As very many bitcoin miners in the world have attempted to close down their mining equipment, other miners are doing everything possible to find alternative means of surviving. Iran has come out to attract overseas miners because of its $0.006 cost for each kilowatt consumed in one hour. This makes it one of the low-cost power activity in the country.
Video Digest, April 25: Central Bank of Iran Bans Cryptocurrency Dealings, Bitcoin Price Finally Hits $9,000, Russia to Put More Regulations on Cryptocurrency Market, Amazon to Enter the World’s Cryptocurrency Market
Welcome to Coin Idol TV News channel. Today we are featuring the most interesting news or the cryptocurrency world. The burning topics are: Central Bank of Iran bans cryptocurrency dealings, bitcoin price finally hits $9,000, Russia to put more regulations on cryptocurrency market, namely ICOs, Amazon to enter the world’s cryptocurrency market by implementing blockchain.