I came across something interesting about Bitcoin and wanted to get other opinions.

    Iran is estimated to have around 6–8% of global hashrate, which already makes it a pretty big player.

    But what caught my attention is that some reports claim 70% of that mining is linked to military-connected entities.

    If that’s even close to accurate, that’s a meaningful chunk of the network in a pretty sensitive region geopolitically.

    Not saying it breaks Bitcoin or anything, just makes me think about how “decentralized” it really is in practice vs theory.

    Most of the time we only talk about price, but this seems just as important.

    Am I overthinking this, or is this something people should pay more attention to?

    Iran might control up to 8% of Bitcoin mining
    byu/V0idScribe inCryptoMarkets



    Posted by V0idScribe

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