blockchain

Iran with 8% of total Bitcoin only USA and China hold more

Iran with 8% of total Bitcoin only USA and China hold more

The rally in the price of Bitcoin towards its new all-time high of over $40,000 has had unwanted consequences in some parts of the world. A report by Wu Blockchain claims that Bitcoin’s mining operations in Iran could have caused blackouts in the country. As a result, Iran has ordered the cessation of activities of licensed BTC mining companies, effective January 14 of this year