Did Iran Blackouts Cause Bitcoin’s $72K Surge?

The post Did Iran Blackouts Cause Bitcoin’s $72K Surge? appeared first on Coinpedia Fintech News A theory claiming Iran’s blackouts cut cheap mining and eased selling pressure as Bitcoin jumped from below $63,000 to over $72,000 doesn’t hold up, experts say. While Iran historically benefited from ultra‑low electricity costs that made mining cheap, its share of the global Bitcoin hashrate has fallen to a low single digit and contributes only …