Daily Archives: 31/07/2020

Iran allows bitcoin mining at local power plants

Iran has allowed large-scale BTC mining operations at power plants. Interested businesses will have to follow certain rules, some of them have already applied for mining. According to local Irna News, Iran has allowed the country’s largest power plant operators to deploy and operate Bitcoin mining farms subject to certain rules. Mostafa Rajabi Mashhadi, deputy head of Iran’s national electricity council, Tavanir, said power plants can mine BTC if they comply with regulatory requirements, obtain…

Glassnode: 93% of all BTC addresses contain “profitable” bitcoins

According to analyst firm Glassnode, about 93% of all BTC addresses contain “profitable” bitcoins after the price of the cryptocurrency exceeded $ 11,000. According to Glassnode, these addresses contain bitcoins, which have increased in value since they were transferred to the wallet. Now the number of such addresses has exceeded 93% of all BTC addresses. Moreover, on July 20, there were no more than 72% of such addresses. The last time over 90% of addresses…