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❕NEWS Iran's Bitcoin Mining Could Be Generating $1 Billion

sh199

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A new study cames out that Iran generates around 4.5% of mining. The current power consumption, a data estimated that Iran would mine around 1billion dollars in annual. Besides of Oil, Iran also leaning toward Bitcoin Mining.
What do you think about this progress of Iran?
 
I think the 1 billion dollar in mining annually is decent for a big country like iran, If they would lean more in bitcoin mining their annual would fluctuate according to bitcoin's price too
 
I think the 1 billion dollar in mining annually is decent for a big country like iran, If they would lean more in bitcoin mining their annual would fluctuate according to bitcoin's price too
Yeah. If we saw the news, the Iran govt. have much interest in bitcoin mining, and they added lots of rules and regulations to get the many benefits with monitoring. I think if they put more effort and reduce some regulations, then the annual increase will grow more.
 
Wow ? one billion is so much and so impressive love this
One billion is nothing in a big country, they make much more if you would combine every assets in their country annually, if that is the income of a small company I would be more impress
 
Its a good progress and that huge amount could really help the country fix up some economy issues It have, i really hope they continue to expand and see the benefit of crypto
 
A new study cames out that Iran generates around 4.5% of mining. The current power consumption, a data estimated that Iran would mine around 1billion dollars in annual. Besides of Oil, Iran also leaning toward Bitcoin Mining.
What do you think about this progress of Iran?
Just like oil, bitcoin mining is also limited resource. In the course of time mining of bitcoin also become less lucrative as it is today. Since the remaining bitcoins to be mined getting smaller and smaller we must now shift to other cryptos.
 

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