The leadership of the Islamic Republic of Iran intends to tighten legislation related to the consumption of subsidized electricity for cryptocurrency mining. What penalties miners will now face for illegally connecting to the grid, said Mohammad Khodadadi Bohlouli, spokesman for Iranian electricity supplier Tavanir.

According to him, the new law implies that fines for electricity theft will be increased fivefold. Besides
In addition, the most persistent violators will be officially banned from doing business in the country and even imprisoned. All these measures, according to Khodadadi, will finally help to reduce the load on the state energy network. Because of the many outages, citizens had to deal with damage to their appliances and appliances, he explained.

In conclusion, the energy representative stressed that cryptocurrency mining using electricity to be spent on the most important sectors of Iran's economy has been outlawed.

In 2019, the Iranian government declared mining as part of the country's industrial activities. Since then, the state has faced a large influx of those wishing to start their own cryptocurrency mining business. To combat the critical consequences for the country, the authorities decided to raise electricity tariffs.