🇮🇷🟠 In Iran, you can mine 1 BTC for just $1320 and sell it for $65,000.

Such a return of 50 times is made possible by extremely low subsidized electricity prices.

The government legalized bitcoin mining in 2019 as a way to earn foreign currency despite sanctions.

Legal operations receive cheap electricity but are required to sell the mined bitcoins to the Central Bank.

It is estimated that about 90% of mining in the country operates illegally.

These underground setups use subsidized or stolen electricity to keep all the profits to themselves, although they often face raids and shutdowns.

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