Low Cost Electricity Has Bitcoin Mining Farms Flocking to Iran to Stay Profitable

The price of electricity in Iran during June 2018 was 0.03 U.S. Dollar per kWh. For comparison, the average price of electricity in the world for that period is 0.14 U.S. Dollar per kWh. This makes Iran one of the cheapest destinations for electricity consumption. It is of no surprise that crypto miners around the … Continue reading Low Cost Electricity Has Bitcoin Mining Farms Flocking to Iran to Stay Profitable