This Week in Mining - Iran calls for a national strategy on crypto mining, Monero mining botnet

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Here’s the week’s mining industry news:

  1. The Iranian president, Hassan Rouhani, has called for a national strategy on cryptocurrency mining. This comes off the heels of a new parliamentary bill applying foreign exchange regulations to cryptocurrencies. It is speculated that this move was made in attempt to stem captial flight from Iran.
  2. Security firm Red Canary reports that a botnet has infected at least a thousand computers with malware that mines Monero. The researchers believe the group responsible for the malware has been active since December 2019.