While the war between Trump-led administration and the nation of Iran drags on, the country’s internal squabbles with its crypto sector have no end in sight either.
This week, a social media post by Oxford University researcher Mahsa Alimardani, depicted the new fad in Iran’s crypto sector. Amid the recent government crackdown, cryptocurrency miners have resorted to running their operations out of the religious centers.
Why? Iranian mosques enjoy free energy and now they are being used to create speculative assets.
Mosques don’t Pay for Energy in Iran
Islam is the dominant religion in Iran, and as expected, the laws of the religion and leaders are respected. Last year, the government made a pact to provide religious centers with free energy. In exchange, religious leaders had to…