Tavanir CEO says Iran's 5 percent share of global crypto mining has declined as 27 billion tomans paid in miner detection rewards

Mohammad Allahdad, chief executive of Iran's power utility Tavanir, said on Thursday, August 6, 2026 (15 Mordad 1405) on the sidelines of the nationwide Mahtab plan drill for smart management of power grid losses in Aligudarz, that Iran's 5 percent share of global cryptocurrency mining has declined following the company's measures to reduce grid losses. According to Arzdigital, citing Tejarat News, he said 27 billion tomans in rewards have been paid to citizens for detecting and identifying unauthorized crypto mining equipment, a figure that has grown significantly. Allahdad credited security, military and judicial bodies alongside grid inspectors for effectively identifying violators, and named unauthorized power draws for garden villas, livestock units and some trades among the factors damaging the country's power grid. He warned that given current conditions, Iran may face natural gas consumption restrictions this summer and even this winter.