Iran Loses Nearly 77% of Its Bitcoin Mining Power
Bitcoin
Iran’s Bitcoin mining sector has taken a major hit amid the ongoing conflict involving the U. S. , Israel, and Iran. The country has reportedly lost around 77% of its Bitcoin mining power, forcing thousands of miners offline. The crisis has slowed global Bitcoin mining too, with the network dropping 5. 8% QoQ, while falling Bitcoin prices continuously. …
BTC
Disclaimer: This content is provided via CryptoPanic and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
