The post Iran Loses Nearly 77% of Its Bitcoin Mining Power appeared first on Coinpedia Fintech News
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. …
