An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions

An Iranian Think Tank Recommends the Use of Cryptocurrencies in Circumventing SanctionsA think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year in direct revenue from cryptocurrencies.” Employment Opportunities Meanwhile, as reported […]
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Bitcoin Miner Marathon Agrees to Deal That Cuts Electricity Costs by 38% With US Power Company

Bitcoin Miner Marathon Agrees to Deal That Cuts Electricity Costs by 38% With US Power CompanyNasdaq-listed Marathon Patent Group has agreed to a joint venture deal with U.S. independent power producer Beowulf Energy to deliver cheap electricity for its bitcoin mining operations in the country’s north. In a statement on Tuesday, Marathon said that it will co-locate a bitcoin mining facility within Beowulf’s Big Horn Data Hub at its 105-megawatt […]

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