• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Iran Offers $24 Reward for Information on Illegal Crypto Miners

user avatar

by Giorgi Kostiuk

2 years ago

  1. Energy Issues in Iran
  2. Reward for Information
  3. Illegal Crypto Mining


    4. Iran faces significant energy shortages amid extreme heat. The country has decided to offer rewards for information on illegal crypto mining operations.

    Energy Issues in Iran

    Temperatures in Iran have soared to 113 degrees Fahrenheit (45 degrees Celsius), straining the energy grid. The CEO of the state-run electricity company Tavanir has stated that cryptocurrency miners contribute to this additional load.

    Reward for Information

    Tavanir CEO Mostafa Rajabi Mashhadi announced that a bounty of one million tomans, equivalent to approximately $24 at the current exchange rate, will be awarded for information on unauthorized cryptocurrency mining equipment.

    Opportunistic individuals have been exploiting subsidized electricity and public networks to mine cryptocurrencies without proper authorization.Mostafa Rajabi Mashhadi

    Illegal Crypto Mining

    Mashhadi reported that 230,000 illegal crypto-mining rigs, consuming up to 900 megawatts of power, had been discovered — equivalent to the consumption of an Iranian province with a population of 1.4 million people. Iranian authorities often announce the discovery of illegal miners, many of which operate out of schools and mosques.

    Iran aims to address energy supply issues caused by illegal crypto mining by offering rewards for information and tightening control over energy resources.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Crypto Sector Faces Major Losses in May Due to Code Vulnerabilities

chest

In May 2026, the crypto sector faced significant losses totaling 68 million due to exploits, with 66 million linked to code vulnerabilities, primarily in crosschain bridges.

user avatarElias Mukuru

Japan Pushes for Yen-Stablecoin Promotion in Asia

chest

Japan's ruling party lawmakers call for promoting yen-denominated stablecoins for settlement in Asia to enhance blockchain innovation.

user avatarMohamed Farouk

Japan's Ruling Party Proposes Legal Framework for Crypto ETFs

chest

Japan's Liberal Democratic Party (LDP) has proposed a legal framework for cryptocurrency exchange-traded funds (ETFs) to enhance the local digital assets sector.

user avatarBayarjavkhlan Ganbaatar

AI-Assisted Malware Threats Emerge in Crypto Development

chest

A new threat has emerged in the crypto space as AI-assisted malware begins to target developers.

user avatarTenzin Dorje

Ethereum Buy Orders Surge as Whales Go Long

chest

Buy orders for Ethereum are rising as whales show strong confidence and interest in the cryptocurrency market.

user avatarKenji Takahashi

Ethereum Supply Concentration Among Whales Reaches New High

chest

The concentration of Ethereum among large wallet holders has surged, with whales now controlling over 22% of the total supply.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.