Greater Tehran's power distribution company asks residents to text in unauthorised crypto-mining sites, with cash rewards for useful tips
27 July 2026 · 3 months ago
The Greater Tehran Electricity Distribution Company on Monday, 27 July 2026 (5 Mordad 1405), asked residents to report by text message the addresses of unauthorised crypto-mining sites as well as unauthorised or unusual electricity consumption. According to the company's announcement, carried by Mehr News Agency, useful reports qualify for a cash reward.
Unauthorised crypto mining has for years been cited by Iranian power-industry officials as a factor in the country's consumption imbalance, because mining rigs draw subsidised electricity around the clock. The appeal was issued at the height of summer and alongside incentive schemes to cut consumption. Tavanir had previously announced that low-use subscribers who cut consumption by at least 10 percent qualify for a 30 percent discount on their electricity bill, and Tehran's peak-hour electricity use has fallen by more than 10 percent.
For participants in Iran's crypto market, access to legal electricity and its tariff is one of the main variables in the economics of domestic mining.
More from this market
Hydropower overtakes natural gas as low carbon share of bitcoin mining energy reaches 59.4 percent
crypto.news · 3 months agoBitcoin holds above $65,000 with a 1.6 percent gain on Monday as Ethereum rises 4.3 percent
Fortune · 3 months agoLorestan power utility says it has seized 152 illegal crypto mining rigs since the start of the Iranian year
Mehr News Agency · 3 months agoBitcoin holds above $64,000 on Sunday as market awaits Wednesday's Fed decision
Yahoo Finance · 3 months ago
