Iran to Accept Crypto Mining as Industry

However, the regulatory framework for mining has not yet been developed
05 September 2018   1017

According to the Secretary of the Supreme Council of Iran on cyberspace Abolhassan Firouzabadi, the government of the country recognized the cryptocurrency mining as a separate industry. This is reported by the local agency IBENA.

The official noted that the cryptocurrency mining was recognized as a separate industry by such departments as the Ministry of Information and Communication Technologies, the central bank, the Ministry of Industry, Resources and Trade, the Ministry of Energy and the Ministry of Economy and Finance. However, the regulatory framework for mining has not yet been developed.

It is also reported that the National Center for Cyberspace of Iran and the Central Bank of the country will submit final rules for the creation of blockchain startups, crypto trading and other activities related to cryptocurrencies before the end of September.

Abolhassan Firouzabadi added that Iran's national cryptocurrency can be used as an instrument of payment with economic partners and friendly states, and will also circumvent US sanctions.

At the end of August, the National Center for Cyberspace of Iran announced the completion of work on the draft national cryptocurrency.

Amberdata to Study Abnormal ETH Miners Rewards

As reported, unknown person mixed up the “gas price” field and “transaction cost”, left the workplace, and the bot did not work correctly
21 February 2019   108

The research startup Amberdata analyzed the activity of the Ethereum network in the last 24 hours and, like the media, found five transactions with an abnormally high commission.

It turned out that all five transfers were made from one address. Within four hours, the owner of the address paid the miners about $ 583,976 for processing transactions.

Note that the commission for block # 7,238,290 in the amount of 2103,1485 ETH, which was received by the Sharkpool pool, is the largest in the history of the network. Nevertheless, representatives of the pool temporarily froze funds in case the owner of the address made a mistake.

Amberdata is convinced that an unknown person mixed up the “gas price” field and “transaction cost”, left the workplace, and then the bot did not work correctly.