Iran’s Bitcoin Mining Mystery: Just How Much BTC Has the Nation Really Mined?
Iran’s Bitcoin mining saga reads like a geopolitical thriller—cheap energy meets sanctions evasion, with a dash of blockchain opacity.
The underground gold rush
While exact figures are as elusive as a Satoshi in a mempool, Iran’s state-backed mining operations have reportedly turned excess oil and gas into a crypto lifeline. No official audits—just whispers of ASICs humming in basements and industrial parks.
Sanctions? What sanctions?
Mining pools don’t ask for passports. With dollar-pegged stablecoins and shadowy OTC desks, Tehran’s digital gold might already be funding everything from imported tech to… well, let’s just say ‘infrastructure projects.’
The cynical kicker
Meanwhile, Wall Street still needs 47 compliance officers to buy a single BTC ETF share. Priorities.
