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2026-04-10 16:28:07 UTC

mike on Nostr: Iran charges $2M in Bitcoin per ship to cross Hormuz At $72,000 per $BTC, each ship = ...

Iran charges $2M in Bitcoin per ship to cross Hormuz

At $72,000 per $BTC, each ship = 27.7 BTC

~130 ships cross daily

For context:

Miners produce 450 $BTC/day
Iran earns 3,601 $BTC/day

That's 8x the entire daily mining supply