
Iran is offering financial incentives to combat illegal cryptocurrency mining activities, which are reportedly disrupting the country's electricity network. Amid severe power shortages exacerbated by a historic heatwave, the Iranian government has initiated a program offering bounties for information on illegal crypto miners. The rewards for reporting such activities range from $20 to $24. This initiative aims to alleviate the strain on the power grid caused by the exploitation of subsidized electricity for crypto mining, which is affecting industrial production.
🚨 BREAKING: IRAN OFFERS $20 BOUNTY TO COMBAT ILLEGAL CRYPTO MINING AMID POWER CRISIS Iran is offering $20 rewards for reporting illegal crypto miners as the country faces severe power shortages due to a historic heatwave. Authorities hope this crackdown will reduce the strain… https://t.co/FvpvBGqNEG
Iran is offering a $24 reward for reporting illegal crypto miners as exploitation of subsidized electricity strains power grid.
Iranians will reportedly receive a $20 snitch bounty for dobbing in illegal crypto mining operations. https://t.co/rHQOm5qxdt