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.
⚠️ CRYPTO MAY BE HEADING TOWARD ITS LARGEST CRASH EVER
The magnitude of losses now places this selloff among the most severe events in market history.
Over $2.22 TRILLION has already been erased, sending crypto down more than 50% from its peak.
This is now the 2nd biggest dollar drawdown ever, just ~$60B away from the record.
This is how cycles end.🔥
I warned @saylor many times that constantly buying Bitcoin nonstop and backing it with his own company shares is playing with fire. I tried to be a helpful friend, tried to help him see the risk, he decided to ignore and backfire on my warnings by calling my warnings nothing but crap, which is something I want to recall now:
Since those warnings, Strategy is down around 75% from its highs and Bitcoin dropped about 52% from its peak. His reported average BTC entry is around $76k and with BTC currently near $66k that puts the position roughly 13% below cost. Since they started buying in 2020, they never realized meaningful profits, never made serious strategic selling decisions, and since 2020 they are overall -13% in loss. Meanwhile their stock is in a non stop continued downside move and reached -75% so far. MSTR investors are suffering the volatility. Saylor was already one of the biggest losers of the dot-com bubble in 2000. I even told him that with the current AI bubble he risks repeating history in 2026. Instead of reducing exposure, he doubled down and kept buying more BTC while ignoring warning signs. I truly wish MSTR and Saylor the best, but I cannot understand how reckless this trading approach is in such a late-cycle environment. Markets reward discipline, not blind believe in Bitcoin. There is always time to buy and time to sell. I hope he will listen next time instead of mocking my warnings.
Best regards, DrProfit.
🚨NEW: SATOSHI-ERA WHALE EXITS AFTER 15 YEARS, DUMPS $750M OF BTC
A dormant early miner from the Bitcoin genesis era has just offloaded 11,300 BTC, worth $750MILLION, closing a position that had remained untouched since the network’s earliest days.
Precious metals are surging while stock market futures opened negative.
Gold is up nearly 1%, adding $300 billion to its market cap.
Silver is up 2.15%, adding $102 billion.
Investors are moving to safety amid rising uncertainty around tariffs and the U.S.-Iran conflict.
vitalik.eth(@VitalikButerin) is selling $ETH faster again.
In the past 2 days, he has sold 1,869 $ETH($3.67M). During that time, $ETH fell from $1,988 to $1,875, down 5.7%.
Last time he sold 6,958 $ETH($14.78M), $ETH dropped from $2,360 to $1,825 — a 22.7% fall.
https://t.co/I1JWgf80B6