Tag Archives: Illegal

Iran Shuts Down 1,100 Illegal Bitcoin Miners; Whistleblowers awarded $ 2,400

According to local media reports, the Iranian power generation, distribution and transmission company (Tavanir) has shut down 1,100 illegal bitcoin mining companies in the country. Whistleblowers informed authorities about the unauthorized miners following a July prize announcement, including 100 million rials (approximately $ 2,400). Tavanir Mostafa deputy chief Rajabi Mashhadi …

Read More »

Start to stop illegal activities and welcome consumers

For the everyday consumer, cryptocurrencies and blockchains are still shrouded in mystery. Hard-to-understand user interfaces are an important barrier to entry, with slow transaction speeds that frustrate open-minded people trying to use technology for the first time. An imminent network of blockchain states that change is desperately needed if cryptography …

Read More »