• 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

DeFi Development Corp's Treasury Strategy Involves Active SOL Management

chest

DeFi Development Corp employs a strategy of accumulating and staking SOL while deploying part of its treasury on-chain.

user avatarFilippo Romano

STRC Hits Record High Daily Trading Volume

chest

On May 14, 2023, STRC achieved a record daily trading volume of $153 billion, indicating strong market interest in Strategy's capital-raising efforts.

user avatarEmily Carter

Strategy to Repurchase $1.5 Billion of Convertible Debt Notes

chest

Strategy, formerly known as MicroStrategy, plans to repurchase $1.5 billion of its 2029 convertible debt notes to retire debt and reorganize its balance sheet.

user avatarTomas Novak

THORChain Suffers $11 Million Hack

chest

THORChain suffered a significant hack, resulting in losses of $11 million across four blockchains.

user avatarKaterina Papadopoulou

KelpDAO Resumes Operations Amid Recovery Efforts

chest

On May 15, 2026, KelpDAO announced the resumption of its reETH activities, including withdrawals, bridging, and protocol operations, following a series of recovery efforts after the exploit.

user avatarMaya Lundqvist

KelpDAO Exploit Results in $292 Million Loss

chest

On April 18, 2026, KelpDAO suffered a significant exploit resulting in the theft of 152,577 rsETH, valued at $292 million, severely impacting user confidence in the DeFi sector.

user avatarLeo van der Veen

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.