Amid the Bitcoin craze, international miners will be allowed to mine in Iran, sparking heated debate around the world. As a decentralized cryptocurrency, Bitcoin’s mining process is crucial. This article will start from the perspective of Bitcoin mining, explore the story behind the influx of international miners to mine in Iran, and reveal the various pros and cons and the impact on the global Bitcoin market.

As a virtual currency, Bitcoin's issuance does not rely on a central bank, but is completed through mining. As a resource-rich country, Iran has cheap electricity resources, which makes Iran a blessed place in the eyes of international miners. International miners are flocking to Iran, hoping to open up their own Bitcoin mining world on this land. Not only can they use Iran's cheap electricity resources to reduce mining costs, but they can also legally carry out Bitcoin mining activities with the approval of the Iranian government.

However, the entry of international miners into Iran to dig has also triggered a series of controversies. First of all, Iran is a country with a relatively closed political system, and international miners mining Bitcoin here may face political risks. Secondly, the influx of international miners may aggravate the power shortage in Iran and bring inconvenience to the lives of local residents. Furthermore, large-scale mining activities by international miners may also cause irreversible damage to the local environment. Therefore, the Iranian government needs to weigh the pros and cons and carefully consider whether to allow international miners to enter the mining industry.

Although there are many controversies surrounding the influx of international miners to mine in Iran, the impact of this phenomenon on the global Bitcoin market cannot be ignored. Iran's cheap electricity resources have attracted a large number of miners, which may lead to a decrease in the difficulty of mining Bitcoin, thereby affecting the price of Bitcoin. The Bitcoins obtained by international miners mining in Iran will also enter the global Bitcoin market, affecting the market supply and demand. Therefore, the rise of Iranian miners may reshape the global Bitcoin market and have a profound impact on the development of the industry.

In general, the influx of international miners to Iran for mining is an important phenomenon under the Bitcoin craze. This process involves weighing the pros and cons in many aspects such as politics, economy, and environment. The Iranian government needs to carefully consider how to balance the benefits and risks of the influx of international miners. At the same time, the global Bitcoin market will also change as a result, and all parties in the industry need to pay close attention to this trend and be prepared to respond. The path of Iranian miners under the Bitcoin craze is destined to be full of twists and turns and challenges, and will also bring new development opportunities to the entire industry.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

According to local reports, the Central Bank of Iran (CBI) plans to allow a legal and compliant Bitcoin mining industry as long as operators are charged electricity fees based on export prices. Central Bank Minister Abdol Nasser
Hemmati explained that revenue from cryptocurrency mining should flow back into the Iranian economy.

In December 2018, there were reports that miners from China, Spain, Ukraine, Armenia and France were mining Bitcoin in the oil-rich country of Iran.
Electricity is very cheap in Middle Eastern countries, and in April, the story of Chinese miners traveling to Iran was even cheaper, with electricity prices at $0.006 per kilowatt hour (KWh).
Then, in late June, a spokesman for Tavanir, Iran's state-run grid entity, said electricity consumption had soared 7% compared with last year. Tavanir executive Mostafa Rajabi Mashhad
Rajabi Mashhad further blamed illegal Bitcoin mining operations for the country’s increased electricity consumption.
Rajabi told the media that other Iranian provinces are experiencing difficulties with electricity due to heavy power consumption, stressing that “illegal Bitcoin miners will be identified and their electricity will be cut.”

According to Rajabi’s statement, Bitcoin miners defied his warnings and Iranians shared photos of Bitcoin mining taking place in a mosque. The regional publication Iran Daily reported that there are approximately 100 unauthorized Bitcoin mining areas in various provinces of Iran.
The Tabnak website claims that Iranian law enforcement seized 1,000 Bitcoin mining machines on June 28. "Tavanir Officer Arash
Navab told state television that two of the Bitcoin mining farms had been identified, with an electricity consumption of 1 megawatt. “Bitcoin mining has become a very popular tool in many provinces of Iran to evade economic sanctions.
“Everyone is talking about Bitcoin and how to get it,” Mahsa Alimardani, a local Iranian researcher at the Oxford Internet Institute, told local reporters.

Later on July 10, Mohammad, Managing Director of the Iranian Blockchain Association
Sharqi told local media that Chinese Bitcoin miners have asked Iranian officials to let them set up factories in the country and have begun official discussions. The Chinese miners hope to establish factories in Anzali, Kish Island, Qeshm Island, Chabahar , operates in the Iranian Free Trade Zone of Arvand and Arras.
“The Chinese have made demands for cryptocurrency mining in the free zone through official channels,” Shaqi explained to the media. New technologies for CBI Deputy Governor Nasser
Hakimi explained that day that the local anti-money laundering agency has concerns about virtual currency transactions. Shaqi thinks stories of extreme electricity consumption are exaggerated. According to a spokesman for Iran’s electrical industry, more than 148,000 mining machines are operating in the country despite government warnings.

Governor of the Central Bank of Iran: “Bitcoin mining will be authorized if miners pay electricity export prices and help bring money back into the Iranian economy”

Central Bank Minister Abdol Nasser Hemmati explained on July 10 that although Iranian officials have not completed regulation of cryptocurrency trade, the government will approve Bitcoin mining operations in Iran.
Hemmati told the media that the deal has two caveats that must be strictly adhered to if mining operations are launched in Iran.
“Mining operations for international digital currencies should be conducted based on the price of exported electricity,” Hemati elaborated. “More importantly, these mined currencies should replenish the national economic cycle,” the CBI minister added.

Hemati warned that the CBI will not tolerate cryptocurrencies that influence the price of the Iranian rial or gold.
The report also details that Iranian law enforcement has begun inspecting factories, mosques and utility service areas that benefit from extremely low electricity prices.
Bitcoin miners must pay between $0.07 and $0.10 per kilowatt-hour at the export rates charged to neighboring countries. According to Presstv, utility service area rates in Iran can be as low as $0.05 per watt.
As long as mosque leaders don't mind breaking the edict on using subsidized electricity, electricity prices in Iran can be even lower at $0.006 per kilowatt-hour in places like greenhouses and mosques.