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Cheap Power Is Luring Battered Bitcoin Miners to Iran

From coindesk.com

Dehqan echoed that point and added it’s not so easy to import miners into Iran and some special shipping procedures are necessary. And it’s not just internal pressures like border security that are proving to be barriers to would-be investors. Indeed, there’s one particular figure –U.S. President Donald Trump – who has thrown some wrenches into the proverbial gears. As it stands, current U.S. sanctions have further deterred potential investors that have ties to the world’s largest economy. Guo, who owns a mansion in California, told CoinDesk via WeChat that while he agrees the opportunity is very attractive now that ... (full story)

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  • Category: Fundamental Analysis