The director of the Tehran electricity distribution company announced a reward of 3-300 million Iranian toman for citizens who report illegal cryptocurrency mining. The reward amount depends on the number of mining devices seized, and the reporter's identity is kept confidential. According to published data, about 25,000 illegal mining devices have been seized in Tehran in recent years, some located following public reports.
The city of Tehran is turning to its residents to combat the growing phenomenon of unauthorized cryptocurrency mining, which drains the power grid. The utility company is offering informants a bounty ranging from 3 million to 300 million toman (approximately $50 to $5,000 at current exchange rates), scaled to the number of rigs confiscated. Authorities have seized roughly 25,000 illegal mining devices in Tehran in recent years, occasionally acting on tips from the public. The announcement, reported by Iran-focused Telegram channels, reflects a broader challenge for Iran's energy infrastructure as subsidized electricity makes unauthorized crypto mining attractive despite repeated government crackdowns.
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