{"id":433458,"date":"2022-04-18T13:58:58","date_gmt":"2022-04-18T10:58:58","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/iran-to-stiffen-penalties-for-illegal-use-of-subsidized-energy-in-crypto-mining\/"},"modified":"2022-04-18T13:58:58","modified_gmt":"2022-04-18T10:58:58","slug":"iran-to-stiffen-penalties-for-illegal-use-of-subsidized-energy-in-crypto-mining","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/iran-to-stiffen-penalties-for-illegal-use-of-subsidized-energy-in-crypto-mining\/","title":{"rendered":"# Iran to stiffen penalties for illegal use of subsidized energy in crypto mining"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4211c719fe2\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4211c719fe2\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/iran-to-stiffen-penalties-for-illegal-use-of-subsidized-energy-in-crypto-mining\/#%E2%80%9D_Iran_to_stiffen_penalties_for_illegal_use_of_subsidized_energy_in_crypto_mining_%E2%80%9C\" >&#8221; Iran to stiffen penalties for illegal use of subsidized energy in crypto mining    &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Iran_to_stiffen_penalties_for_illegal_use_of_subsidized_energy_in_crypto_mining_%E2%80%9C\"><\/span>&#8221; Iran to stiffen penalties for illegal use of subsidized energy in crypto mining    &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvMjZmMDhmOGEtNzMxZi00OGFkLWExZGEtNzc3ZGUzZjhhZDJkLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>The Iranian government will increase penalties for the use of subsidized energy in crypto mining. The move marks another step in the tightening of mining regulation in the country that had faced energy shortages in recent years.\u00a0<\/p>\n<p>On April 16, the Tehran Times\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tehrantimes.com\/news\/471749\/Iran-to-increase-penalties-for-illegal-cryptocurrency-mining\">reported<\/a>, citing the country\u2019s Power Generation, Distribution, and Transmission company, that the government plans to drastically increase the fines rates for the mining operators who use subsidized electricity. The company&#8217;s representative Mohammad Khodadadi Bohlouli specified:<\/p>\n<blockquote><p>\u201cAny use of subsidized electricity, intended for households, industrial, agricultural and commercial subscribers, for mining cryptocurrency is prohibited.\u201d<\/p><\/blockquote>\n<p>According to Bohlouli, the fines for the use of subsidized energy in mining will rise by a minimum of three and a maximum of five times. A repeated violation might lead to revocation of a business&#8217; license and even imprisonment of the offender. <\/p>\n<p><strong><u><em>Related:\u00a0Sanctions and trade: Iran aims to develop a central bank digital currency<\/em><\/u><\/strong><\/p>\n<p>Cryptocurrency mining operations in Iran are legal and subject to a licensing process since 2019. As of January 2020, the Ministry of Industry, Mining and Trade had issued over 1,000 mining licenses. Due to some major challenges to the nation&#8217;s energy grid, such as drought and reduced rainfall, in May 2021 Iran\u2019s President Hasan Rouhani announced a temporary moratorium on crypto mining. This cycle repeated itself when the moratorium had been lifted in September 2021 only to be reinstated in December. <\/p>\n<p>As the Iranian energy ministry\u2019s spokesman Mostafa Rajabi Mashhadi stated in May 2021, announcing fines for the use of subsidized energy, unauthorized mining of cryptocurrencies \u201ccreates problems in supplying electricity due to the damage to the local power grid and transformers.\u201d <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/iran-to-stiffen-penalties-for-illegal-use-of-subsidized-energy-in-crypto-mining\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Iran to stiffen penalties for illegal use of subsidized energy in crypto mining &#8220; The Iranian government will increase penalties for the use of subsidized energy in crypto mining. The move marks another step in the tightening of mining regulation in the country that had faced energy shortages in recent years.\u00a0 On April 16,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":433459,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvMjZmMDhmOGEtNzMxZi00OGFkLWExZGEtNzc3ZGUzZjhhZDJkLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74989,74858,74863,75042,70752,71511,70984,70934],"class_list":["post-433458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-mining","tag-bitcoin-regulation","tag-cryptocurrencies","tag-mining","tag-energy","tag-government","tag-iran","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/433458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=433458"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/433458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/433459"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=433458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=433458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=433458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}