Iran is using what they have to fight against sanctions and avoid more increase in internal crisis, and following that and more steps to earn more capital, they have issued more than 1000 crypto mining licenses to start exploring the Energy to mine crypto.
The Energy in Iran is very cheap, costing around $0.11 for a Kilowatt and the crypto farms will pay even more cheaper than that, making the state of Iran earn with the activity a astonishing sum of $8.5 Billion.
The cost of energy in the country isn't only Capt Iran Miners, but also foreign firms will be formally requesting for a license to operate a Mining Farm in the country and if they stats enable that could impulsively develop their crypto mining industry.
In a recent development, the US and Iran had a conflict, that took the Bitcoin to be sold in the country, for almost $24,000 in local market, I can say that price was a actually Fair but I believe they was more concerned to withdraw their savings and invest in an asset that could have them a return, as the money doesn't worth nothing in the Country.
With this licenses the crypto Mining Iran industry could help the country to make revenue for the activities and develop their native Market.
