Iran is quietly emerging as a Bitcoin mining powerhouse
With production costs reportedly near $1,300 per BTC thanks to subsidized energy, miners there have a massive edge in a capital intensive game. Cheap power boosts margins and hash rate, but it also strains the grid. Energy policy is now shaping the global Bitcoin map. #CryptoNews
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Iran is quietly emerging as a Bitcoin mining powerhouse
With production costs reportedly near $1,300 per BTC thanks to subsidized energy, miners there have a massive edge in a capital intensive game.
Cheap power boosts margins and hash rate, but it also strains the grid. Energy policy is now shaping the global Bitcoin map.
#CryptoNews