❕NEWS – Iran set to allow cryptocurrency mining once again | Proxies-free

There are many countries that were actually implementing a ban on cryptocurrency and this was as a result of two reasons. The first was the environmental risk that it was posing, based on its high energy usage, and the second was the lack of energy or the strain to the energy system in the country that was caused by mining facilities. For the country of Iran it was the latter of the two reasons here, and earlier this year they moved for a temporary ban on all of the mining facilities in the country that were focused on cryptocurrency, in order to reduce the strain on their energy grid. However this may soon be over, as a news article is showing that in the next month they may once again lift this ban and allow cryptocurrency mining. This can help to promote crypto once again in this country. What are your thoughts on this?