Natural Gas Price Hike Hits Crypto Miners in Iran

Bitcoin.com | Nov 3, 2022 at 9:30 AM
  • Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a sharp increase in the price of the fuel.
  • The new rates set by the state-run supplier are almost double the previous and have been imposed retroactively, local media reported.
  • Ashtiani noted that Iranian gas tariffs are usually adjusted when global rates increase but not when they decrease.