๐ป Massive Drop in Bitcoin Hashrate! U.S. Attack Sparks Shockwaves in the Crypto Market! ๐บ๐ธ๐ฅ๐ฎ๐ท
Right after the U.S. launched an attack on a major Iranian nuclear facility, Bitcoinโs global hashrate dropped by nearly 15โ20%. This sharp decline strongly hints that Iran was a significant contributor to global mining. โ ๏ธโ๏ธ
Over the past few years, Iran had officially recognized Bitcoin mining as an economic activity โ using it as a workaround against heavy U.S. sanctions. โ๏ธ๐ก With abundant thermal power and low-cost electricity, Iranโs mining operations grew rapidly.
๐ Estimates suggest:
Iran might have contributed around 6โ7% of the global Bitcoin hashrate.
The countryโs total Bitcoin holdings may be worth approximately $4.5 billion USD.
Even state-backed organizations were reportedly involved in direct mining.
After the U.S. attack, energy infrastructure damage and internet disruptions severely impacted mining operations โ leading to an instant drop in Bitcoinโs network computational power. ๐โก
๐ While Bitcoin is decentralized, real-world events like geopolitical conflicts can directly disrupt its backbone infrastructure.
๐ง โCrypto is no longer just tech โ it's now a tool of global strategy and survival.โ
