Electricity prices are the be-all and end-all in the mining business. It is therefore not surprising that China is ahead in terms of hashrates. Cheap electricity is also available in Iran. In the future, Iran’s power plants will be allowed to mine Bitcoin and Co. All they need for this is a license and they must adhere to the planned electricity tariffs. The mining of crypto-currencies in the Islamic Republic was legalised a year ago. Unauthorised mining is widely prosecuted in Iran. Last year, the government even offered rewards. The Iranian government also plans to promote environmentally friendly mining operations with renewable energies in the future.