In a move to circumvent international sanctions, by the beginning of September, Iran's ban on digital currency mining will come to an end.

With this announcement, thousands of digital metal, both domestic and international, are preparing to resume work inside Iran, which is one of the world's most attractive countries.

This comes as Iran provides relatively cheap electricity and many facilities, indifferent to the environmental impacts of this mining operation, all of which are offered to benefit from the mining process, to circumvent international sanctions.

It is reported that Iran was one of the world's most active mining countries; although its population is only 1 percent of the world's total population, 4.5 percent of the digital currency mining operations were carried out inside Iran.

Last May, Iranian authorities suspended currency mining licences due to the massive disruption of power supply levels, which amounted to a full - day hiatus in neighborhoods in the capital, Tehran.

Mining operations are known to require major electricity, consuming a large part of what the national energy grid produces, especially the most prestigious and attractive bitcoin currency within Iran, which studies say requires 707 kilowatts per hour of mining.

Mining operations consumed 10 percent of the country's electricity.

Iran has been licensing and allowing the minerals to operate since 2019, at the height of the sanctions imposed by the former US administration on Tehran, where oil exports have fallen to about 20 percent, accounting for about 70 of the public treasury's revenues, so the country is looking for other sources of funding for its budget.

According to a study published by Blockchain Analytics, something like a deal took place between the Iranian authorities and the miners, the former benefiting from taxes on thousands of minerals (estimated at $1 billion in 2020).

Cryptocurrencies also provided a difficult currency, with which the regime could cover imports of materials from abroad, at a time when the country was suffering from a great shortage of world currencies.

Second, the minerals in turn benefited from low electricity prices in Iran, where the State produced large quantities of natural gas at the global level, and also benefited from bureaucratic and financial facilities provided by the Iranian authorities, including no environmental conditions.