While the sanctions imposed on Iran by the United States has undoubtedly taken a severe toll on the nation’s economy, the embargo has also stimulated the creativity in Tehran civil engineers. According to June 3, 2019, reports from ArchDaily, they have now built an innovative skyscraper that doubles as a cryptocurrency mining facility and a water park.
Surviving the Sanctions with Bitcoin
Per sources close to the matter, part of the entries in this year’s eVolo Skyscraper Competition was the JCPOA Tower Crypto-Park, a 560-meter-high skyscraper designed as a bitcoin mining facility in the air and a water park.
Created by eVolo Magazine, a leading architecture and design magazine, the annual skyscraper architectural competition is one of the world’s most prestigious awards for high-rise architecture.
Inspired by the recent economic sanctions placed on Iran as well as the geopolitical crisis caused by the devaluation of the Iranian currency, the skyscraper was designed by Ilia Attarpour, Dadbeh Mohebbi Gilani, and Ramtin Taherian.
Reportedly, the creators of the JCPOA tower proposed a digital assets mining tower that could also function as a water park. The gigantic edifice explores how cryptocurrency can be used to “wriggle” out of international sanctions and economic crisis.
The JCPOA Tower Crypto-Park is located on top of the Abbas Abbad Hill, and it’s built to carry out cryptocurrency mining operations on a 24/7 basis through the year.
Interestingly, the team has noted that since the primary objective of building the infrastructure is to circumvent the harsh international sanctions through cryptoassets, the mining activity would be done secretly and undercover.
Against that backdrop, they decided to incorporate another design principle.
The vertical water theme park functions as an effective coolant for the hi-tech mining equipment, while also providing a “vertical landscape of free entertainment” to participants.
It’s worth noting that Iran has been making plans to launch a national cryptocurrency for quite some time now. Earlier in March 2019, BTCManager informed that the Iranian tourism ecosystem had adopted bitcoin and other digital assets in a bid to entice more foreign tourists to its shores.