Iran’s Energy Minister Wants Crypto Miners Charged Real Electricity Prices By Cointelegraph

The deputy energy minister of Iran has said that electricity bills for digital currency miners should be calculated in accordance to real prices, Iranian economic daily newspaper Financial Tribune reported on June 9.

Iran’s deputy energy minister, Homayoun Haeri, has stated that electricity bills for cryptocurrency mining activities should be priced according to the same rates established for power exports. The government reportedly pays nearly $1 billion in subsidies annually to bridge the gap in real electricity costs and what consumers are billed, Financial Tribune writes.

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