Iran's state electricity company announced a reward of up to 3 million toman per device for citizens who report illegal cryptocurrency mining operations, with the amount decreasing for larger seizures. The program targets the energy-intensive activity that strains Iran's power grid.
Iran's state electricity company has announced a reward program for citizens who report illegal cryptocurrency mining operations. The reward starts at 3 million toman per device for the first ten devices reported, then gradually decreases to 1.5 million toman per device once more than 30 devices are seized. The initiative is aimed at curbing unauthorized bitcoin mining, which consumes large amounts of subsidized electricity and has been a persistent strain on Iran's power grid, especially during peak demand periods. The announcement was made through official channels but has not been independently verified by The Zioneer.
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