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2026-04-09 01:42:44 UTC
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ภ๏รtг๏ภคยt on Nostr: The Iranian government already requires licensed miners to sell their BTC directly to ...

The Iranian government already requires licensed miners to sell their BTC directly to the Central Bank of Iran to fund imports, rather than selling on the open market.

Iran is the biggest hodler!
They can acquire bitcoin at a 98% discount compared to the rest of the world and already control 7.5% of bitcoins hashrate!

## **The Geopolitical Money Printer: Iran & The Energy Standard**
As of early 2026, Iran continues to offer some of the lowest electricity rates in the world.
That's **ENERGY ABUNDANCE.**
The current average price for residential electricity in Iran is approximately **$0.002 per kWh**. To put that in perspective, this rate is so low that you could pay your entire monthly electric bill with two quarters... or less.

### **The Bitcoin Math**
Now let's think about this in terms of mining. According to latest data (April 2026), it takes approximately **650,000 to 780,000 kWh** to mine a single Bitcoin.
* **Electricity Consumed:** ~750,000 kWh (Average requirement)
* **Price per kWh:** ~$0.0017 - $0.002
* **Total energy cost to mine a full BTC:** **$1,275 - $1,500**
If you could pay $1,300 for an **IMMUTABLE** $71,400 asset (current market price)... **YOU WOULD!** But you can't. They (the IRGC) can.
### **The "Hormuz" Tax**
Iran accounts for roughly **7.5% of Bitcoin’s hashrate** today. And they just raised the stakes. Reports are coming in that Iran is now demanding **Bitcoin or stablecoins** for passage through the Strait of Hormuz—charging roughly **$1 per barrel** in digital assets to avoid sanction-heavy banking rails.

### **The US Reaction: The GENIUS Act**
While this is happening, the US Government is in a scramble to adopt. Look at the **FDIC’s April 7th rulemaking vote on the GENIUS Act.** This is a huge deal because it signals that the "walls" between traditional finance and the Lightning Network are coming down. Instead of being treated as a "reputation risk," Bitcoin is being integrated into the very "plumbing" of the US payments system.
**Why?** Perhaps so they have the rails ready to pay the fees to get through Hormuz.
### **The Definition of Sovereignty**
Could Iran be the future "money printer"? Think about the stack:
1. **90% Domestic Power:** Fueled by gas and oil.
2. **7.5% Global Hashrate:** Secured TODAY.
3. **Strait Fees:** Paid in BTC and stablecoins.
4. **The Arbitrage:** Turning $1,300 of local energy into $70k+ of the world’s hardest money.

It appears Iran is the definition of what we all strive for: **Sovereignty** and the ability to scoop up as much Bitcoin as possible.

Even a small Bitaxe farm there could produce enough for a person to live on. Sure, you’d have to exchange your sats with the IRGC to "live happily ever after"... but the underlying mechanics are mind-blowing.

We on Nostr knew this was coming. The "Purple Pill" isn't just about social media—it’s about the undeniable truth of **Proof-of-Work.**