Iran Power Generation, Transmission and Distribution Company, Tavanir, announced new severe measures to discourage unlicensed cryptomining.
According to the company spokesman, Mostafa Rajabi Mashhadi, fines have increased 400% in the new regulations, which means "unlicensed cryptominers must pay their electricity bills at rates four times higher than electricity export rates that already is 100 times higher than the subsidized rates for households."
"Access of first-time offenders to subsidized energy, including electricity, natural gas and liquid fuels, will be cut for three months," he said, adding that this will be cut off for one full year for repeat offenders, the Energy Ministry's website quoted him as saying.
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