Connect with us
SoftSwiss
Playson

Asia

Iranian Government Proposes for New Cryptocurrency Mining Regulations

Niji Narayan

Published

on

Iranian Government Proposes for New Cryptocurrency Mining Regulations
Reading Time: < 1 minute

 

The Cabinet of Iran has proposed for new cryptocurrency mining regulations in Iran, which include annual licensing for cryptocurrency miners.

Based on the proposal, licensed and registered cryptocurrency miners will be required to submit information such as their list of business activities, the predicted value of their investments, current employment status, rental agreements for the space itself, value of their mining equipment and the duration of the mining project. The license will need to be renewed every year.

The Iranian mining industry has grown dramatically over the past two years. One anonymous source in Tehran told CoinDesk that most miners he knows are “under the radar” and import equipment through the black market, without paying taxes.

The Central Bank of Iran finally recognised the grassroots industry and promised a lawful licensing procedure in July 2019. The pending proposal was approved by Reza Rahmani, Iran’s Minister of Industry, Mine and Trade. The Iranian mining licenses would only apply to miners with equipment that requires 30 kilowatts, which might exclude homemade mining equipment or small operations.

“It’s obvious that the power industry here in Iran, it’s not a private business, it’s from the government. They need to figure out how to balance mining [operations] so that they wouldn’t harm the power grid. If there’s a constant, a continuous consumption of electricity you can also make new power plants or assign power plants to this,” an anonymous source said.

Advertisement Kasynos.Online

Asia

Solid Gaming signs a distribution deal with Playgon

George Miller

Published

on

Solid Gaming signs a distribution deal with Playgon
Reading Time: < 1 minute

 

Content aggregator Solid Gaming has signed a deal to distribute Playgon’s proprietary Live Dealer games and E-table games to their customers on the Asian markets. Solid Gaming’s strategy is to provide a game for every one which is why they work with the best game providers to distribute unique and exclusive content to their partners.

Solid Gaming welcomes Playgon as a new mobile live dealer to their content library. Playgon’s titles include blackjack, roulette and baccarat that are broadcasted from their studio in Las Vegas (Vegas Lounge). With their proprietary game Tiger Bonus Baccarat™ it hopes to bring something new and exciting to the Solid Gaming table.

Under the terms of the agreement, Solid Gaming will add and market Playgon’s games to their content library for availability and distribution to all of its client base globally.

Ben Wood, Director of Isle of Man based Solid Gaming said: “Playgon will enhance Live Dealer casino games by bringing cutting-edge features and functions to the mobile generation of live gaming, which we believe will resonate very well with our clients.”

“The partnership with Solid Gaming is a major achievement for our company and significant validation of the innovation we are bringing to the live dealer market”, added Darcy Krogh, President and CEO of Playgon Games. “This partnership will give our Company an extensive reach in highly lucrative key markets, and we expect it will play a significant role in our revenue growth this year.

Continue Reading

Asia

ESPL signs Tiger Shroff as the face of the first-ever franchise based Esports league

George Miller

Published

on

ESPL signs Tiger Shroff as the face of the first-ever franchise based Esports league
Reading Time: 2 minutes

 

The B-Town heart-throb Tiger Shroff is all set to don a new hat as the brand ambassador for India’s first-ever franchise-based Esports league, Esports Premier League. ESPL kicks off on June 16th powered by Infinix smartphone as the presenting sponsor.

While Esports has seen an exponential rise especially during the lockdown, this league is the first of its kind to partner with Bollywood to bring wider popularity and acceptance to Esports. This power-packed collaboration aims to nurture an ecosystem that the Indian Esports industry has never seen before. The league will leverage Tiger’s popularity and strong influence on the dynamic millennials and Gen-Z.

Sharing his excitement Tiger Shroff said, “I am really excited to collaborate with Esports Premier League. This opens a tremendous opportunity to recognize the growing talent in Esports in India. As the world’s first franchise-based model in Esports, ESPL will surely help in putting India first on the global map. Esports fans and gamers are shaping the future of entertainment and sports. And I’m glad to represent this force of the future.”

With the majority of the 1.4 billion Indian population being youth, the Bollywood sensation also known for his passion for sports and Mixed Martial Arts will connect Esports to the mainstream as the inaugural edition of the league promises to bring the excitement of Esports through its nationwide tournament with lakhs of registrations that will commence from Wednesday. The preliminary rounds will engage in a highly competitive contest as eight teams will be chosen in the third round who will go on to contest in the grand finale.

While talking about the association, ESPL Director Mr. Vishwalok Nath said: “One of the major goals for ESPL has been to reach out to every millennial and gamer in the country and our purpose of having Tiger Shroff onboard has been to create a much deeper connect and grow the gaming community. We hope this association will also further our initiative to intensify the mission of taking Esports to the next level in India.”

As part of THE franchise-based league, the Hyderabad team has been bought by Chequered Flag Sports—a consortium between Sirish Kumar, Prasad Mangipudi, and Aashwij Ravula—and the team has been named as Hyderabad Hydras. Hyderabad is the first city that will witness the proud owners in the inaugural edition of ESPL. There will be more teams representing cities including Delhi, Mumbai, Chennai, Kolkata, Bengaluru, and states like Punjab, and Rajasthan in the upcoming league. India Today Gaming has teamed up with Garena to create this exclusive gaming platform featuring their most popular battle royale game, Free Fire, in India.

The matches will be streamed on OTT giant Disney+ Hotstar alongside official YouTube and Facebook channels of India Today and Aaj Tak and its websites. Due to the COVID-19 pandemic, Season 1 will be held virtually over two and a half months. It will also feature a prize pool worth Rs. 25 lakhs where the winner takes home a sum of Rs. 12 lakhs while second and third-placed teams will take home Rs. 6 lakhs and Rs. 3 lakhs, respectively.

To participate in the league, gaming enthusiasts and gamers can register themselves on www.indiatodaygaming.com/espl

Continue Reading

Asia

REGISTRATIONS OPEN FOR VALORANT CONQUERORS CHAMPIONSHIP

George Miller

Published

on

REGISTRATIONS OPEN FOR VALORANT CONQUERORS CHAMPIONSHIP
Reading Time: < 1 minute

 

South Asia’s leading esports company NODWIN Gaming and the global leaders in gaming and esports, Riot Games, have joined forces to roll out the VALORANT Conquerors Championship as the qualifying tournament to the APAC Last Chance Qualifiers, which is a part of the 2021 VALORANT Champions Tour. Teams will compete in multiple sub-regional qualifiers, playoffs and grand finals for a prize pool of INR 25 Lacs (33,000 USD). The registrations for VCC have opened today, 15 June.

Registration open on: www.vcc.nodwingaming.com

Each sub-regional qualifier will have a set number of slots filled in through registrations followed by the online qualifying matches. Wildcard will feature all the runner up teams from the sub-regional qualifiers, who will play a double-elimination match series to earn a slot in the VCC Playoffs. A total of 8 teams will make their way to the playoffs. The 8 teams will undergo a Group Stage in the Playoffs with the top 2 teams from two groups making their way to the Grand Finals. The playoffs will take place from 19-22 August and the Grand Finals on 28 & 29 August.

Continue Reading
Advertisement
NSoft
Advertisement
EvoPlay
Advertisement
Kasyno Online na HEX Polska

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.