ViaBTC to give presents for Bitcoin miners

ViaBTC announced “Winter Mining Feast” where anyone who continuoually mines for 30 days will be eligible for a prize
23 November 2017   2212

The promotion has already started on November 23rd and continues until December 25th. The hashpower needs to be provided continuously for 30 days or more. At the same time, miners can’t switch to different pools.

Gifts contains Bluetooth speakers, an iPhone 8, an iPhone X, and Macbook laptops and others. Those who successfully contribute between 7 and 8 petahash will be eligible for the iPhone X giveaway. However, it is more likely that anyone who contributes less than 1 petahash per second will not receive anything.The users who can successfully contribute more than 1 petahach or even more will certainly get rewarded.

Furthermore, the winners may not receive the actual goods, depending on supply issues and locations. Overseas miners will receive gift cards with the item value instead.

Iran to Issue Over 1000 Mining Licenses

Amir Hossein Saeedi Naeini from Iranian ICT Guild Organization said that crypto mining industry attracts many in Iran
27 January 2020   171

Over the past six months, the Iranian Ministry of Industry has issued more than 1000 cryptocurrency mining licenses. This was announced by Amir Hossein Saeedi Naeini, representative of the ICT Guild Organization.

According to him, cryptocurrency mining is a new industry that attracts many in Iran. He noted that miners must obtain a license to work.

The Ministry of Industry, Mine and Trade has issued more than 1,000 licenses for cryptocurrency mining in the country. Our studies show that the crypto mining industry has the potential to add $8.5 billion to the economy.


Amir Hossein Saeedi Naeini

 ICT Guild Organization

 He believes that the cryptocurrency industry can help Iran's economy. However, he explained that the high cost of electricity is a serious problem for cryptocurrency miners.

High electricity tariffs plus stringent regulations have made the sector less appealing for small investors.


Amir Hossein Saeedi Naeini

 ICT Guild Organization

 He expressed the opinion that “the operating conditions in this industry should not be such that only large capitalists enter the cryptocurrency mining market but that all miners can operate.” He emphasized that changing electricity tariffs could stimulate the mining industry to generate more revenue.