Iran Gov’t Finalizing Power Tariffs for Crypto Mining

The Economic Commission of the government has agreed to set electricity prices for mining cryptocurrencies based on similar tariffs used for electricity exports. 
Homayoon Ha’eri, the Energy Ministry deputy for power and electricity, made the statement Sunday, adding that the decision is awaiting final approval by the Cabinet, ISNA reported.
Ha’eri did not reflect on the rates approved by the commission. However, he noted that electricity export prices are variable and based on a variety of factors, such as fuel prices in the Persian Gulf region.