In Iran, you can mine 1 Bitcoin for just $1,320 and sell it for $68,000.
This 50x return on investment is possible due to very low subsidized electricity costs.
The government legalized Bitcoin mining in 2019 as a way to generate foreign currency despite sanctions. Licensed operations receive cheap electricity but must sell their Bitcoin to the Central Bank.
A large share of mining an estimated 90% operates illegally. These underground setups use subsidized or stolen power to keep full profits, though they face frequent crackdowns and raids.
Our Bukele Bot is LITERALLY PRINTING MONEY!!!
35% in 13 days!!
It's a bot that is designed to accumulate more BTC - anyone can copy trade with no KYC!!!
Details in next tweet!
15 years ago, someone bought two pizzas for 10,000 Bitcoin.
That someone was Laszlo Hanyecz.
Back then, it was worth about $25.
Today? Over $1.1 billion.
But Laszlo wasn’t just the “pizza guy.”
He was the first to mine Bitcoin using a GPU.
He built the first macOS version of Bitcoin.
For a while, he was the only miner earning block rewards.
Even Satoshi reached out, worried about decentralization.
So what did Laszlo do?
He started giving Bitcoin away.
Over 70,000 BTC that summer, including that pizza.
Not to cash out. To help Bitcoin grow.
He helped turn a proof-of-concept into a real, working network.
So today, we don’t just celebrate the pizza.
We celebrate the builder, the believer, the long-term thinker.
Think like Laszlo.
#Bitcoin #BitcoinPizzaDay #CryptoHistory #Quantoshi
🔶🔒 Testnet-4 Cap 3 imminent!
Cap 3 of Babylon Bitcoin Staking Testnet-4 goes live on Wednesday, 19 June, 2024!
⚡️️Dashboard: https://t.co/0BvyrZaIZP
⚡️️Galxe: https://t.co/EJrIGiJd6V
This cap will be time-based, with the testnet accepting stakes for 5 days (120 hours), starting from Signet BTC block height 200,665 at approximately 9 AM UTC on Wednesday, 19 June, and lasting for 720 blocks, ending at Signet BTC block height 201,385 around 9 AM UTC on Monday, 24 June.
Based on community feedback, we have added a fee adjustment feature to the staking web dApp. This feature allows the staker to customize the transaction fee to increase the chance of their staking transaction getting included in the Signet block.
Read more about this testnet 👉
https://t.co/WiVWGiZPHd
🟧🔒 Embark on the #Bitcoin Staking Chronicles
Contribute, climb the leaderboard & experience the innovation of Bitcoin staking!
📖 Learn more: https://t.co/2Os0bk9pXX
🧭 Start your journey: https://t.co/ZAzMR5NIPe