Macro· ★★★· neutral·

Iran crypto mining consumes 14% of power deficit, parliamentary report finds

  • —Mining consumes 930–1,200 MW, about 14% of the summer power deficit
  • —Annual diesel use reaches 2 billion liters, costing the grid $1.5 billion
  • —State utility Tavanir put mining's share of the deficit at 15–20%
  • —Mining one BTC in Iran costs about $1,300 versus a global average of $87,000
Why it matters: The report intensifies scrutiny of Iran's mining sector, where subsidies and IRGC links have already drawn US sanctions on BitBank.
Source: Crypto Briefing