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- Iranian gov reportedly offering bounties to those who rat out illegal Bitcoin miners
Posted by : Brij Bhushan
Thursday, 14 November 2019
The Iranian government is reportedly offering a bounty for anyone that dobs illegal Bitcoin mining businesses to the authorities. A spokesperson from Iran‘s Energy Ministry reportedly said that anyone who outs those using subsidized electricity for cryptocurrency mining will be rewarded with up to 20 percent of the funds recovered from the miner, PressTV reports. Damages are based on how much electricity the cryptocurrency miners have used. Energy Ministry spokesperson Mostafa Rajabi made the announcement in an interview with the IRIB News yesterday. Rajabi said that using the national grid to mine cryptocurrencies during peak hours will be outlawed under…
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