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Introduction
What is the crime of cryptocurrency mining in Iran? There are various ways to earn money from the digital currency market, one of which is cryptocurrency mining. Now the question is, can this be done freely? Is it possible to buy and sell mining devices in Iran?

What is a miner?

Mining and extracting digital currencies is made possible with the help of mining devices. During the mining process, these devices add new blocks to the blockchain and confirm transactions. They are also very important in maintaining the security and integrity of decentralized networks and for this reason, they receive rewards from the network.

Mining digital currencies in this process is mainly done by using the hardware power of the device and energy consumption. Mining currencies is very common, especially in the case of Bitcoin, due to its high value. That is why the question of what is the mass of a Bitcoin device is usually one of the first questions asked by people who intend to enter the field of mining and extraction.

Is mining and using a mining device a crime?

According to the cryptocurrency mining laws in Iran, mining digital currency and using a mining device is not a crime, but you need to keep a few important points in mind.
Currently, many laws related to the cryptocurrency market are unclear, not only in Iran but also in many countries around the world. For example, no institution in Iran still issues licenses to launch cryptocurrency exchanges. But this does not mean that the activities of the exchanges that are currently operating are illegal.

Any act is considered a crime only if it is punishable by law. Therefore, activities in the field of buying and selling digital currencies, setting up a digital currency exchange, etc. are not considered crimes in Iran unless the individual commits a crime such as fraud, etc. This also applies to the crime of cryptocurrency mining.

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Currently, according to the laws governing cryptocurrency mining in Iran , this can be done, but there are a few clear rules that you need to keep in mind. The first point is that only people who have obtained a license from the Ministry of Industry, Mines and Trade are allowed to use a miner.

Also, if you intend to import a miner, you will need to obtain a permit from customs. This is mainly because mining devices consume a lot of energy. Previously, when the digital currency market was still in its infancy, it was possible to mine some cryptocurrencies with the help of computers. But now, with the passage of time and the increase in the number of people active in this field, you need to use mining devices to mine cryptocurrencies, for which you need a permit.

The next point regarding cryptocurrency mining laws in Iran is the purchase and sale of mining devices. If you acquire a device that has been illegally imported into the country and you do not have a license for it, you have committed a crime. Some people think they can hide their use of miners, but the high energy consumption of these devices will easily reveal your use to the relevant authorities.

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What is the crime of discovering a miner device?

If you obtain a license for your mining rig from the Ministry of Industry, Mines and Trade, you will not be charged with the crime of cryptocurrency mining. However, if you buy, sell, maintain or use illegal miners, you will be fined for each mining rig and will be dealt with accordingly. Unlicensed miners are considered contraband and will be sentenced accordingly.

Legal regulations regarding cryptocurrency mining in Iran

As mentioned, there is no law that criminalizes cryptocurrency mining in Iran. Mining cryptocurrencies is as illegal as buying and selling them in Iran. So you can mine digital currencies without worrying about it. The only thing you need to keep in mind is obtaining the necessary permits.

If you want to import mining devices yourself, don’t forget that you must have a license from the Ministry of Finance as well as a license from customs. If you want to get help from local sellers to buy mining devices, be sure to do your research and make sure that the devices are legal.

Also, considering that these devices consume a lot of electricity, according to the government decree, in order to supply the electricity needed by these devices, it is necessary to either obtain an independent branch from the national electricity grid (with an industrial tariff) or establish a dedicated power plant! Using household electricity or agricultural electricity, etc. for mining, is considered a crime of cryptocurrency mining and you will be dealt with.

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Final words
We examined the crime of cryptocurrency mining in this article from Farhad Moghadam Salimi’s Crypto School. Don’t forget that the rules for mining any digital currency, including Bitcoin mining, and the advantages and disadvantages of mining Bitcoin and other digital currencies, generally depend on the passage of time.

The cryptocurrency market still needs a lot of clarification in terms of legal issues, which will hopefully be done in the future. This clarification is especially important as the daily trading volume of the crypto market has expanded and has effectively become another pillar of the global financial markets.

Frequently asked questions

No, it is not a crime unless the devices are not licensed.

The Ministry of Industry, Mines and Trade is the entity responsible for licensing mining devices.

If you start this business with a license, it is not a crime. Otherwise, you will be convicted for using smuggled and illegal goods, etc.

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