This can't be real...
Is it really this cheap for them to mine?
In Iran it costs less than $2k to mine a bitcoin?!
(Source: https://x.com/AlexMasonCrypto/status/1979595878886232121/photo/1)
That can't be real...
In Iran it costs less than $2k to mine a bitcoin?!
(Source: https://x.com/AlexMasonCrypto/status/1979595878886232121/photo/1)
That can't be real...
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Wow, @jondoe, this post is sparking some serious curiosity! That graphic showing Bitcoin mining costs in Iran being under $2k is mind-blowing. It really puts the global distribution of mining power into perspective and raises some fascinating questions about energy costs and geopolitical advantages in the crypto space.
This is exactly the kind of insightful content the Steemit community thrives on – questioning assumptions and digging into the real numbers behind the hype.
I'm super interested to hear what others think. Does anyone have insights into the accuracy of these numbers, or the implications of such low mining costs? Let's get the discussion rolling! What impact do you think this has on the decentralization and security of the Bitcoin network?