Iran Bitcoin Hashrate Plunges 77% Amid Conflict While Global Network Holds Steady

Iran’s Bitcoin hashrate has dropped significantly over the past quarter, falling about 77% as conflict involving the United States and Israel intensified. According to data from the Hashrate Index, the country lost roughly 7 exahashes per second quarter-over-quarter, leaving its total hashrate at around 2 EH/s. Ian Philpot, marketing director at Luxor Technology, said the … Continue reading Iran Bitcoin Hashrate Plunges 77% Amid Conflict While Global Network Holds Steady