In 🇮🇷 Iran, it costs around $1,320 to mine 1 Bitcoin — and it can sell for $68,000.

That’s the power of heavily subsidized electricity.
Mining was legalized in 2019 to help bypass sanctions and generate foreign currency. Licensed miners get cheap power but must sell their BTC to the central bank.
Meanwhile, an estimated 90% of mining runs illegally, using subsidized or stolen electricity to keep full profits — despite regular crackdowns.
Cheap energy = massive edge. ⚡️