It was previously reported that Iran had lifted its ban on cryptocurrencies and had embarked on Bitcoin mining. The government has announced that it will buy all of the BTC produced by local miners.
Meanwhile, founder and CTO of popular analytics firm Glassnode, Rafael Schultze-Kraft, tweeted that there were around 83,000 wallets containing $ 1 million in Bitcoin. While the Iranian government is said to own over 45,000 Bitcoin miners.
Prominent Bitcoin supporter and present-day Russian TV presenter Max Keizer believes that since Iran and Venezuela entered the cryptocurrency mining market, they are likely to reap billions of dollars. dollars.