Satoshi BTCs now rebranded to CORE Mining is a Turing-complete Blockchain leveraging the Bitcoin (BTC) mining hash rate and the Ethereum Virtual Machine (EVM). The core is powered by a new consensus mechanism, Satoshi Plus which applies a protocol-driven validator election mechanism to combine the optional features of Proof of Work (PoW) and Delegated Proof of Stake (DPoS) to ensure the maximization of security, scalability, and decentralization. The rapid development of Bitcoin which makes its value rise millions of times in ten years has made only a few people caught up with Bitcoin and this is not in line with Satoshi Nakamoto's fair wealth creation and protection of wealth spirit and this now led to the birth of Core Coin (BTCs). CORE Chain Satoshi Bookkeeping smart contract using Bitcoin computing power, connecting 'Smart Contract' with Bitcoin's 'Proof of Work' PoW to leverage the strength of each while simultaneously ameliorating their respective sho
The Iranian Government authorized crypto mining as an industrial activity, in a Sunday cabinet session, chaired by President Hassan Rouhani.
According to the report on July 29, those involved in crypto mining will be required to seek a license from the ministry of industry, Mine, and Trade.
A warning is issued to cryptocurrencies users to accept its risks and the government and banking system will not provide any guarantees for them.
The expert believes that the step to legalize cryptocurrencies in the country can be used as a means to mitigate the effects of US-imposed harsh economic sanctions against Iran.
The subsidized electricity rate in Iran has encouraged many miners such as those from China to operate in the country Mehr News report.
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