Iran’s Majlis Research Center reveals that cryptocurrency mining consumes between 930 and 1,200 megawatts, representing approximately 14% of the country’s power deficit during peak summer months. This activity costs Iran roughly $1.5 billion annually and requires nearly 2 billion liters of diesel fuel per year. The cost of mining a single Bitcoin in Iran is estimated at around $1,300, compared to a global average of approximately $87,000, due to heavily subsidized electricity rates. Previous reports have documented connections between mining operations and individuals linked to Iran’s Islamic Revolutionary Guard Corps, who reportedly received over $3 billion in crypto inflows during 2025. The situation is framed as a resource allocation problem where costs are borne by ordinary citizens while benefits flow to well-connected operators.
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