Iran's Bitcoin mining power, or hashrate, has fallen 77% in three months. While conflict might play a role, experts believe falling Bitcoin prices made mining less profitable. This global trend affects mining operations.

Iran has seen a sharp 77% drop in its Bitcoin hashrate, which is the total computing power used for mining new Bitcoin. This decline happened over the last three months. Globally, the overall Bitcoin network's computing power has also decreased. Experts suggest this fall is mainly because lower Bitcoin prices have made mining less profitable. This financial reason, rather than local conflicts, appears to be the primary cause for the current slowdown in Bitcoin mining operations both in Iran and worldwide. This trend affects miners' ability to earn rewards.