The largest energy company, Tavanir, has initiated the closure of about 1,100 unlicensed mining farms. It has been reported that informants helped the company in finding such farms.
Apparently, most of the closed-up mines represent “home mining farms”, since there was no registered change in power consumption. Tavanir needed the help of informants because the company “cannot point-out the illegal farms just by exploring their consumption patterns.”
For tips leading to the uncovering of unauthorized miners, informants got about $480 in reward. It is important to note that fines in Iran for mining cryptocurrencies illegally are very high – from $2,000 to $5,000 for each unauthorized equipment unit, plus an additional fine of $20,000.
It was announced back at the beginning of July that cryptocurrency miners in Iran must apply for a license. Meanwhile, the owners of farms for the mining of cryptocurrencies had only a month to register. A few weeks later, Iran’s authorities gave green light to the mining of cryptocurrencies at certain power plants, but such enterprises will have to answer to strict requirements.
