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Cryptominers Given One Month to Register Smuggled Hardware

Cryptominers Given One Month to Register Smuggled HardwareCryptominers Given One Month to Register Smuggled Hardware

Cryptocurrency miners have one month to register smuggled mining equipment, said a deputy minister of Industries, Mining and Trade, the body in charge of authorizing crypto mining industry. 
"Most miners are using illegal hardware smuggled prior to legalization of the business. The government has decided to give miners one month to pay taxes and fees and legalize their business," IRNA quoted Saied Zarandi as saying. 
According to the official unregistered mining equipment will be considered illegal and impounded after the deadline. 
Experts say the sale of most cryptocurrency mining hardware is legal because the hardware and devices are also used in other sectors and imported legally by computer and technical hardware companies. 

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